In 2027, the South Korean e-commerce market will surpass the $160 billion mark.

From 2023 to 2027, the e-commerce market in South Korea is anticipated to grow at a compound annual growth rate (CAGR) of 7.7 percent, reaching $160,4 billion.

According to GlobalData, the South Korean e-commerce market grew at a CAGR of 17.4% from 2018 to 2022, reaching $108.2 billion in 2017. This trend is expected to continue this year, with e-commerce sales growing by 10%.

According to the 2023 Financial Services Consum....