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Retail sales grow in S. Korea during October

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Via China Daily

A street scene at Myeongdong street in Seoul, South Korea. [Photo/IC]

South Korea’s retail sale grew last month on the continued double-digit growth in online shopping, a government report showed on Thursday. 

Combined revenue of 26 major online and offline retailers rose 4.1 percent in October from a year earlier, according to the Ministry of Trade, Industry and Energy.

Sale by online retailers expanded 12.5 percent in the month, keeping a double-digit gain for three straight months amid a rapid change into the consumption pattern using smartphone apps.

Demand for food in the cyberspace grew in double figures after the spread of one-day food delivery services.


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