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Press release content from Business Wire. The AP news staff was not involved in its creation.

South Korea B2C E-Commerce Market Report 2019 - ResearchAndMarkets.com

September 27, 2019

DUBLIN--(BUSINESS WIRE)--Sep 27, 2019--

The “South Korea B2C E-Commerce Market 2019” report has been added to ResearchAndMarkets.com’s offering.

South Korea’s advanced online retail market

As of 2019, South Korea ranks third worldwide by online retail sales. The B2C E-Commerce market is well advanced, taking up nearly a quarter of the country’s overall retail sales. Nevertheless, there is still room for more growth. The report contains a projection that by around 2023, South Korea could ascend two ranks to become the world’s number three in online retail sales, surpassing Japan and the UK.

Coupang leads in South Korean E-Commerce

The future growth is expected to be driven by mobile commerce and payment services, as well as cross-border online shopping. Well over 50% of online retail sales in South Korea is generated on mobile devices, with this share is becoming larger every year, according to statistics. In terms of E-Commerce competition, the top market share is held by Coupang, followed by other market leaders including eBay Korea, 11st, and others.

Questions Answered in this Report

Key Topics Covered:

1. Management Summary

2. Overview & International Comparisons

3. Trends

4. Sales & Shares

5. Internet Users & Online Shoppers

6. Products

7. Payment

8. Delivery

9. Players

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/lhpjnc

View source version on businesswire.com:https://www.businesswire.com/news/home/20190927005357/en/

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SOURCE: Research and Markets

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PUB: 09/27/2019 11:28 AM/DISC: 09/27/2019 11:28 AM