Global Commerce

An Insider’s View of S. Korea’s $92B eCommerce Market  A market that looks deceptively simple from the outside can swamp global merchants trying to DYI their way in. Insiders share their POV for merchants eager to capture a piece of South Korea’s booming $92 billion eCommerce ecosystem in the “Global Commerce Tracker®," a collaboration with Worldline.
Inside the August Tracker
  • Insiders Explain How To Access This Market: Discover how a company from Boston, GiftBasketsOverseas.com, successfully entered the South Korean market by partnering with a payment service provider.
  • A Deep Dive Into The South Korean eCommerce Market: South Korea recently became the tenth-largest market in the world for luxury goods, and consumers in the country are spending 11% more now that pandemic-related restrictions have been lifted.
  • Koreans Are Spending Big: South Korea recently became the tenth-largest market in the world for luxury goods, and consumers in the country are spending 11% more now that pandemic-related restrictions have been lifted.

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