Coupang solidified its dominance in the market, leading in total estimated annual sales at ₩35.37 trillion, more than double ...

Korean government refunds 44.5 billion won in gift cards without PINs from Timep Government implements consumer protection measures amid widespread disputes over refunds from Timep incident ...

Online sales exceed offline sales in South Korea for second straight year Shifting consumer habits drive online market growth in Korea as traditional retail struggles to keep pace.

The industry experienced some of its worst fallout this year, with TMON and WeMakePrice facing major difficulties. Due to dwindling sales, both companies repeatedly delayed payments to their ...

Some former high-flying companies and executives are still facing court battles. Read more at straitstimes.com.