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Tmon's cross-border Transactions amount Surge 56%

Posted 2023-04-14 11:10:14



Tmon announced on the 10th that cross-border Transactions amount in March increased 55.9% compared to September last year (the month it was acquired by Qoo10). By sector, cross-border shopping of home appliances and digital products increased by 143%, childbirth and infant items by 94%, and food and health foods by 48%. Timon said, "In particular, the proportion of male subscribers' cross-border shopping in March was about 60%, which was higher than that of female subscribers."

cross-border shopping of digital devices are gaining popularity, and Qoo10's global infrastructure has had a big impact. The advantage is that Qoo10's overseas sellers directly register the product and do not go through the intermediate distribution stage, which is more competitive in price than existing direct purchase products. In addition, based on QExpress' global logistics, which spans 19 bases in 11 countries, the delivery period has been shortened by more than three days to increase the delivery competitiveness.

In the Korean e-commerce industry, if logistics had become an important measure of competition in the past, it has now become important competitiveness to attract domestic and foreign consumers based on stable logistics. The charm is that there is no clear market preoccupation company yet and that it is a blue ocean with endless opportunities.

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