Retail sales grow in S. Korea during October
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.