Korea's Leading Retailers Expand Online Presence To Grow Their Business

Leading retailers in South Korea are expanding their online business, which is projected to grow 13% this year and that the retailers see as a potential driver for growing their business in spite of increasing regulations and competition in the local market. Shinsegae Group, Lotte Shopping, GS Retail, and Homeplus are boosting their online and mobile operations by launching ecommerce stores and offering in-store pickup and faster delivery services.