Off the wire
• Fiji starts stage 3 of rehabilitation work after cyclone Winston  • Fiji joins high-level South Pacific defense talks in New Zealand  • News Analysis: Moreno wins Ecuadorian presidency with focus on social welfare  • Vietnam's first-ever baby born from frozen ovum  • S.Korea's foreign reserves rise to 375.3 bln USD in March  • Tokyo stocks rise in morning on Wall Street's solid performance, yen's easing  • 1st LD-Writethru: Chinese yuan strengthens to 6.8906 against USD Wednesday  • 1st LD-Writethru: Chinese shares open higher on Xiongan New Area  • New Zealand, Angola discuss strengthening trade links  • Vietnamese garment sector to enjoy opportunities from RCEP: association  
You are here: 　 Home

S.Korea's online shopping takes up biggest portion of retail sales in February

Xinhua, April 5, 2017 Adjust font size:

Private consumption in cyberspace in South Korea took up the biggest portion of total retail sales in February on strong demand for online shopping, a government report showed Wednesday.

Online shopping transactions reached 5.86 trillion won (5.2 billion U.S. dollars) in February, up 22.9 percent from a year earlier, according to Statistics Korea.

It accounted for the highest-ever 19.4 percent of combined retail sales, which climbed 2.9 percent to 30.12 trillion won.

Mobile shopping through smartphones led the growth by jumping 37.8 percent from a year earlier to 3.39 trillion won. It made up almost 60 percent of the total online shopping.

Consumption in cyberspace continued to grow, reflecting a change in the way of spending among South Korean consumers.

The online consumption was led by demand for cosmetics and fashion items that jumped 47.2 percent and 46.7 percent respectively in February.

Online demand for travel reservations, auto items and food also posted a double-digit expansion. Endit