Amazon Expands in South Korea Amid Influencer Marketing Boom

Amazon Expands in South Korea Amid Influencer Marketing Boom

This article analyzes Amazon's rise in the South Korean eCommerce market, its influencer marketing strategies, and the surge in brand registrations. It also touches upon the Indonesian eCommerce landscape and TikTok's measures to protect young users. The article highlights the accelerated globalization of eCommerce, continuous innovation in marketing models, and the growing importance of corporate social responsibility. Cross-border eCommerce sellers need to closely monitor market changes and adjust their business strategies accordingly.

WCO Korea Partner to Enhance Global Customs Platform Clikc

WCO Korea Partner to Enhance Global Customs Platform Clikc

The World Customs Organization (WCO) and the Korea Customs Service (KCS) signed an agreement where KCS will provide funding for the WCO's CLiKC! e-learning platform. This funding will support platform upgrades and enhanced functionalities. The upgraded CLiKC! platform will feature updated course content, optimized technology, and expanded multilingual support. The goal is to enhance the professional skills and knowledge of customs officials worldwide, benefiting supply chains and promoting trade facilitation and compliance. This initiative aims to foster greater efficiency and effectiveness within customs administrations globally.

South Korea Drives Global Growth in Online FMCG Sales

South Korea Drives Global Growth in Online FMCG Sales

The global FMCG e-commerce market is booming, with South Korea showing particularly strong growth. This report analyzes the characteristics of different regional markets, reveals changes in consumer behavior, and proposes future development trends. Understanding market specifics and consumer needs is crucial for cross-border e-commerce practitioners to formulate differentiated marketing strategies. This knowledge allows businesses to effectively target the Korean market and other regions, optimizing their approach for success in the competitive FMCG e-commerce landscape.

Bank of Korea Holds Rates Delays Cuts Until 2027

Bank of Korea Holds Rates Delays Cuts Until 2027

Influenced by the weak Korean Won, inflationary pressures, and real estate market risks, the Bank of Korea (BOK) is expected to hold interest rates steady, with rate cut expectations pushed back to 2027. Economists generally believe the BOK will remain patient until inflation is effectively controlled and the economy faces greater downside risks. Real estate market vulnerabilities and the depreciating Won are key constraints preventing earlier easing. The BOK's cautious approach reflects concerns about financial stability and maintaining price stability amidst global economic uncertainties.

South Korea Eases KC Certification Rules for Coupang Sellers

South Korea Eases KC Certification Rules for Coupang Sellers

This article provides an in-depth analysis of KC Certification on the Coupang platform in South Korea, specifically targeting new sellers. It explains the concept of KC Certification, the reasons for certification exemptions for cross-border stores, and provides a clear list of exempt products. Furthermore, it offers practical advice to help sellers avoid KC Certification risks and easily expand into the Korean market.

South Korea Sellers Adapt to Coupangs Strict Return Policies

South Korea Sellers Adapt to Coupangs Strict Return Policies

This article addresses the return issues faced by Coupang sellers, particularly malicious returns, and provides detailed strategies for dealing with them. It starts with product selection and product descriptions to reduce the return rate. For malicious returns, it elaborates on effective methods such as collecting evidence and applying for platform intervention, aiming to help sellers reduce losses and improve operational efficiency. The guidance helps sellers navigate the challenges of returns and optimize their business practices on the Coupang platform.

Mooncake Deliveries to North Korea Face Customs Cultural Hurdles

Mooncake Deliveries to North Korea Face Customs Cultural Hurdles

This article explores the feasibility of sending mooncakes to North Korea during the Mid-Autumn Festival. It analyzes North Korean customs restrictions on food shipments and proposes alternative solutions such as diplomatic channels, personal transport, transshipment strategies, and e-commerce platforms. The article also emphasizes the importance of considering packaging, shelf life, and flavor preferences when sending mooncakes. The aim is to help readers legally and compliantly convey Mid-Autumn Festival greetings to friends and relatives in North Korea.

South Korea Proposes Faster Customs to Boost Global Trade

South Korea Proposes Faster Customs to Boost Global Trade

South Korea has submitted a proposal aimed at optimizing global cargo release times and enhancing trade facilitation. The core elements include regularly publishing cargo release times, continuously reducing these times, providing special and differential treatment, and promptly notifying parties of any delays and their reasons. This initiative is expected to improve trade efficiency, enhance transparency, promote fair trade, and ultimately deliver tangible benefits to businesses. The proposal seeks to streamline processes and create a more predictable and efficient international trade environment.

South Korea Updates Flight Procedures for Gunsan Airport RKJK

South Korea Updates Flight Procedures for Gunsan Airport RKJK

This paper provides an in-depth analysis of the latest flight procedure chart (AD CHART 2-1) for Gunsan Airport (RKJK), South Korea. It details critical information including airport coordinates, tower frequency, runway details, ILS information, VOR/TACAN navigation aids, airport elevation, apron, taxiways, magnetic variation, runway orientation and strength, and parking stand coordinates. The aim is to assist pilots in gaining a comprehensive understanding of the airport environment, thereby enhancing flight safety and operational awareness during arrival and departure procedures at Gunsan Airport.