ID :
203588
Fri, 08/26/2011 - 01:07
Auther :
Shortlink :
https://oananews.org//node/203588
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S. Korea's Q2 e-commerce sales jump 21 pct
SEOUL, Aug. 26 (Yonhap) -- South Korea's e-commerce sales jumped 21 percent on-year in the second quarter amid improving consumer sentiment, a government report showed Friday.
Cyberspace sales totaled 247.21 trillion won (US$228.48 billion) in the April-June period, compared with 204.36 trillion won a year earlier, according to the report by Statistics Korea.
Business-to-business (B2B) transactions amounted to 224.88 trillion won, up 23.5 percent from a year earlier. Business-to-consumer (B2C) sales rose 20.8 percent to 4.60 trillion won over the same period.
Consumer-to-consumer (C2C) deals grew 13 percent to 2.28 trillion won, but business-to-government (B2G) transactions shrank 6 percent to 15.46 trillion won due to a fall in government-initiated deals.
Cyber shopping sales mostly involving B2C and C2C transactions surged 17.8 percent to 7.05 trillion won during the second quarter, according to the report.
Cyberspace sales totaled 247.21 trillion won (US$228.48 billion) in the April-June period, compared with 204.36 trillion won a year earlier, according to the report by Statistics Korea.
Business-to-business (B2B) transactions amounted to 224.88 trillion won, up 23.5 percent from a year earlier. Business-to-consumer (B2C) sales rose 20.8 percent to 4.60 trillion won over the same period.
Consumer-to-consumer (C2C) deals grew 13 percent to 2.28 trillion won, but business-to-government (B2G) transactions shrank 6 percent to 15.46 trillion won due to a fall in government-initiated deals.
Cyber shopping sales mostly involving B2C and C2C transactions surged 17.8 percent to 7.05 trillion won during the second quarter, according to the report.
