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The biggest ecommerce site in South Korea, eBay, has pledged to support cross-border ecommerce in the country.
South Korean culture is becoming more popular around the world and therefore international demand for South Korean products is rising.
eBay Korea has English and Chinese language websites targeting foreigners who want to buy South Korean goods.
A spokesperson from eBay Korea commented on the news, saying: “We will help small sellers in [South] Korea…to enter the global markets without significant difficulties.”
The South Korean ecommerce market is worth an estimated 21.9 billion US dollars, and has a digital buyer penetration rate of 75%.