Commerce Department

There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via livest...

Does the adoption of augmented reality (AR) technology in e-commerce platforms drive sales? The answer is yes, as the purchase conversion rate for p...

South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...

South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its pre-IPO share sale ...

E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...

South Korea-based live commerce app Grip saw its cumulative transaction amount surpass 24 billion won ($22.2 million), just two years after its ince...

SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

Goldman Sachs’ Special Situations Group (SSG), which invests in and lends to distressed companies, is in talks with South Korean retirement savings fu...

CVC Capital Partners is interested in electronic commerce, healthcare and services sectors in South Korea because of their growth potential, and willi...

Linkshops, once touted as one of the next unicorn candidates in South Korea, bankrupted last month even after garnering 15.4 billion in funding from...