Founded | 2014 |
---|---|
Headquarters | Gangnam District, Seoul, Korea |
Key people | Young-ju Kim, CEO |
Products | skin care, K-pop, Korean Drama, shopping mall, electronic commerce |
Parent | Korea International Trade Association |
Website | www |
Kmall24 is Korea-based online store that offers authentic Korean products to customers around the world. It is operated by KITA (Korea International Trade Association), the largest business organization in Korea which also runs World Trade Center Seoul. [1]
Kmall24 was launched in 2014 by KITA (Korea International Trade Association). To meet increased demand for Korean products due to Korean Wave, KITA, a leading economic organization, promoted international online retail store project. [2]
K-pop goods, Korean Skin care products, K-beauty products, items from Korean Drama, Korean fashion items are listed and sold. Kmall24 has over 20,000 products from 2,000 Korean vendors. Products are also listed on major shopping platforms like Amazon and eBay. [3] Kmall24's current payments options are PayPal, Eximbay, Alipay with worldwide customer services. Kmall24 also provides services in English, Chinese, and Japanese. [4]
Kmall24 features various Korean brands from about 2,000 vendors, including Tony Moly, Dr.Jart+, Laneige, COSRX, VANT365, Dear Dahlia, Klairs, Black Monster, 4Xstyle and more. K-pop goods include Bigbang, BTS, EXO, Gir's Generation, Red Velvet, 2PM, and more.[ citation needed ] [5]
A convenience store, convenience shop, bodega, corner store, corner shop, or superette is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines.
Package delivery or parcel delivery is the delivery of shipping containers, parcels, or high-value mail as single shipments. The service is provided by most postal systems, express mail, private courier companies, and less-than-truckload shipping carriers. Package delivery is different in each country, and how packages are delivered is closely connected with the cost for delivering to that country as well as population. In 2019, China, The United States, and Japan were the leaders in package delivery while Latvia, Macau, and Iceland were the bottom three. The population of the bottom three barely totals 2 million while the population of the top three tops totals more than 2 billion. Package delivery is an every day occurrence in the US while many other countries do not have this luxury.
drugstore.com was an internet retailer in health and beauty care products. Its web operations were launched on February 24, 1999, and shut down on September 30, 2016 after being acquired by Walgreens in March 2011 for $409 million.
In non-Asian countries, an Asian supermarket largely describes a category of grocery stores that focuses and stocks items and products imported from countries located in the Far East.
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Godiva Chocolatier is a Belgian-based international chocolate maker which is owned by Turkish conglomerate Yıldız Holding.
Sephora is a French multinational retailer of personal care and beauty products, offering nearly 340 brands alongside its own private label, the Sephora Collection. Its product range includes cosmetics, skincare, fragrance, nail color, beauty tools, body products, and hair care items.
Consignment is a process whereby a person gives permission to another party to take care of their property and retains full ownership of the property until the item is sold to the final buyer. It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. The owner of the goods pays the third-party a portion of the sale for facilitating the sale. Consignors maintain the rights to their property until the item is sold or abandoned. Many consignment shops and online consignment platforms have a set time limit at which an item's availability for sale expires. Within the time of contract, reductions of the price are common to promote the sale of the item, but vary by the type of item sold.
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Shopping is a popular social activity in Hong Kong, where basic items for sale do not draw any duties, sales taxation, or import taxation. Only specific import goods such as alcohol, tobacco, perfumes, cosmetics, cars and petroleum products have associated taxes. For companies, there is a 17.5% corporate tax, which is lower than international standards. Shoppers reportedly spend over US$5.2 billion a month in Hong Kong shops.
Social commerce is a subset of electronic commerce that involves social media and online media that supports social interaction, and user contributions to assist online buying and selling of products and services.
Tmall, formerly Taobao Mall, is a Chinese-language website for business-to-consumer (B2C) online retail, spun off from Taobao, operated in China by Alibaba Group. It is a platform for local Chinese and international businesses to sell brand-name goods to consumers in Greater China. It has over 500 million monthly active users, as of February 2018. In the last few years, it has opened its features to brands, not only for online sales but also for developing brand awareness. According to Alexa Rank, it is the third most visited website globally in 2021.
K-beauty is an umbrella term for skincare products that are derived from South Korea. The fad gained popularity worldwide, especially in East Asia, Southeast Asia, South Asia, and the Western world, and focuses on health, hydration, and an emphasis on brightening effects.
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Coupang, Inc. is a US-based technology company headquartered in Seattle, Washington and incorporated under the Delaware General Corporation Law. Founded in 2010 by Bom Kim, the company sells apparel, electronics, toys, food products and other products marketed in South Korea.
Stadium Goods is a retailer specialised in the resale of aftermarket sneakers. Based in New York City, it operates a shop and a drop-off center in SoHo, Manhattan as well as an online store. The store sells sneakers and streetwear, including rare and limited edition sneakers.
The retail format influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains.