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South Korea’s online shopping hits record high in July at 23 trillion won

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SEOUL: South Korea’s online shopping recorded single-digit growth in July, driven by steady demand for food, food delivery services and automobiles, data from the statistical office showed on Monday, reported Xinhua.

Shopping in cyberspace gained 7.3 per cent from a year earlier to 23.03 trillion won (US$16.5 billion) in July, according to Statistics Korea. 

This was the highest level recorded since data collection began in 2017.

Online transactions for food and beverages surged 12.6 per cent, while sales of agricultural, livestock, and fishery products climbed 16.8 per cent. – BERNAMA-XINHUA

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