April 20, 2024
Mobile & Internet
Korea’s mobile shopping hits all-time high in May
[THE INVESTOR] Purchases made through mobile gadgets like smartphones reached a new all-time high in May as a growing number of people are becoming better at using the devices, government data showed on July 5.
Mobile transactions through smartphones and tablets reached 3.82 trillion won (US$3.3 billion) in May, soaring 37.9 percent from a year earlier, according to the data by Statistics Korea.
It eclipsed the earlier record of 3.74 trillion won in monthly mobile trading set in March.
The total amount of transactions was equal to the record 60.7 percent of all online purchases made in the cited month that reached 6.3 trillion won.
Mobile purchases in South Korea have been rising for years, as people are increasingly making greater use of their smart devices.
Mobile bookings for travel and movie tickets rose 15.2 percent in May from a year earlier to 505.4 billion won, while sales and deliveries of foodstuffs shot up 60.6 percent on-year to 561.7 billion won.
Sales of clothes surged 38.7 percent on-year to 450.6 billion won, while 323 billion won worth of cosmetics were sold through smartphones, up 26.7 percent from a year ago.
By Alex Lee and newswires (alexlee@heraldcorp.com)
Mobile transactions through smartphones and tablets reached 3.82 trillion won (US$3.3 billion) in May, soaring 37.9 percent from a year earlier, according to the data by Statistics Korea.
It eclipsed the earlier record of 3.74 trillion won in monthly mobile trading set in March.
The total amount of transactions was equal to the record 60.7 percent of all online purchases made in the cited month that reached 6.3 trillion won.
Mobile purchases in South Korea have been rising for years, as people are increasingly making greater use of their smart devices.
Mobile bookings for travel and movie tickets rose 15.2 percent in May from a year earlier to 505.4 billion won, while sales and deliveries of foodstuffs shot up 60.6 percent on-year to 561.7 billion won.
Sales of clothes surged 38.7 percent on-year to 450.6 billion won, while 323 billion won worth of cosmetics were sold through smartphones, up 26.7 percent from a year ago.
By Alex Lee and newswires (alexlee@heraldcorp.com)
