In the first three quarters of this year, the growth of Chinese companies in the Korean cross -border e -commerce online shopping market, and its market share approached 50 %.
According to the Yonhap News Agency, data released by the South Korean Customs Hall on Sunday (November 5) showed that in the first quarter to the third quarter, South Korea ’s cross -border e -commerce online purchase amount was 4.79 trillion won (about 49.3S $ 100 million), an increase of 20.4%year -on -year.
From the perspective of the transaction object, China is 2.22 trillion won, accounting for 46.4%; the United States is 1.39 trillion won, accounting for 29.1%.
In the first three quarters of this year, South Korean consumers Haitao's Chinese goods increased by 106%year -on -year, which was far higher than the US increase of 9.7%.
It is reported that China's position in the cross -border e -commerce online shopping market in South Korea is rapidly increasing, which is related to the rapid development of Chinese e -commerce companies.Aliexpress, a subsidiary of Alibaba, entered the Korean market in 2018 to quickly increase its market share with its price advantage.According to relevant statistics, as of September this year, the number of Korean users in the global Speed Sale Application was 5.45 million, an increase of 2.6 times from September 2020.The growth of TEMU, a cross -border e -commerce company under Pinduoduo, is also significant. The number of South Korean users increased from 520,000 in August to 1.7 million in September, which was doubled in just one month.