Online shopping rises 7.7% in ‘family month’ of May ...Middle East

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Online shopping rises 7.7% in ‘family month’ of May
source : NY Times News ( Middle East ) () 32
Shoppers walk around Starfield Suwon in Jangan District, Suwon, Gyeonggi Province, on Children’s Day, May 5. Yonhap Online shopping sales in Korea rose 7.7 percent on-year in May to reach an all-time high for any May on the back of various shopping events and celebrations for family days, the statistics agency said Monday. The value of online shopping transactions stood at 20.87 trillion won ($15.11 billion) in May, up 1.49 trillion won from a year earlier, according to the data from Statistics Korea. It marked the largest amount ever for any May. The growth was led by rising demand for food and beverages, which jumped 16.6 percent on-year to 2.89 trillion won, as people here celebrate

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