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Online Shopping Transactions Near 21 Tln Won in May, 2nd Highest to Date

Written: 2024-07-01 15:59:43Updated: 2024-07-01 16:52:50

Online Shopping Transactions Near 21 Tln Won in May, 2nd Highest to Date

Photo : Getty Images Bank

Online shopping transactions in May neared 21 trillion won, or around 15 billion U.S. dollars, marking the second-highest amount on record.

According to Statistics Korea on Monday, online shopping transactions reached 20-point-865 trillion won in May, up seven-point-seven percent from the previous year.

The tally is the highest since November 2023, when transactions reached 21-point-005 trillion won.

Transactions for automobiles and auto parts jumped 75 percent on-year, while groceries saw a 16-point-one percent increase, and e-coupon services rose by 13-point-nine percent.

Mobile shopping transactions reached an all-time high of 15-point-514 trillion won, constituting 74-point-four percent of the total online shopping transactions.

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