Tag: South Korea

Impulse is driving mobile commerce in South Korea

Jennifer Goula
Laughing Young Woman Socializing in a Party Setting - mobile commerce

Impulse buying is becoming a major force for those living in South Korea Consulting firm McKinsey has released a report that shows that impulse is driving participation in mobile commerce in South Korea. The report notes that the country’s mobile commerce market has doubled in value every year since 2010. Now, mobile accounts for nearly one-third of all online sales made in the country, making South Korea one of the most attractive mobile markets in the world. The report also notes that consumers are making mobile purchases based on impulse…

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Mobile commerce is growing dramatically throughout the world

Stephen Vagus
mobile commerce shopping

New report highlights the growth of mobile commerce in the UK and elsewhere Criteo, an advertising specialist based in Europe, has released a new report that highlights the ascension of mobile commerce in the United Kingdom and elsewhere. For the past few years, consumers have begun to favor shopping for products with their mobile devices rather than visit physical stores. While traditional stores remain important to the vast majority of consumers, a growing number of people are opting to purchase products online using nothing more than their smartphones and tablets.…

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Naver to launch mobile payments service in South Korea

Stephen Vagus
Mobile Payments adoption by women

New mobile payments service will be launching in South Korea this year Naver, the leading web portal operator in South Korea, has plans to launch its own mobile payments service in June of this year. The company has seen a great deal of promise in the mobile space, with this perspective coming from its subsidiary Line, a leading messaging service based in Japan. Naver notes that 30% of keyword searchers have to do with shopping, and many of these searches are coming from mobile devices. Naver Pay will allow consumers…

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New technology could change the future of mobile commerce

Stephanie Beck
wearable technology watch mobile commerce

SK Planet outlines its predictions of the future of retail commerce at recent event SK Planet, a leading mobile solutions provider and subsidiary of SK Group, believes that new technology will continue to blur the line that separates digital and traditional commerce. The company recently discussed its view of mobile commerce at an event held in South Korea, which was also attended by several large organizations that have interests in the mobile space. During this discussion, SK Planet outlined what it expected to see in the future of the mobile…

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Mobile commerce market is showing healthy signs of life in Asia

Stephen Vagus
mobile commerce payments smartphone shopping

Mobile apps are beginning to embrace the concept of processing mobile payments Mobile commerce is heating up throughout Asia. People are adopting smartphones and tablets at a rapid rate and they are beginning to demand more mobile-centric services from the companies that they support. These companies are answering this demand by introducing new features to their well used mobile applications. A growing number of mobile apps, that had once been little more than social media tools, are now becoming mobile commerce platforms. KakaoTalk is planning to facilitate mobile payments beginning…

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