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S.Korea's online food sale almost doubles over COVID-19 outbreak

Xinhua News,SEOUL
2020-03-30 13:35

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South Korea's online food sale almost doubled last month as consumers refrained from outside activities on worry about the COVID-19 outbreak, a government report showed Monday.

Revenue by major online retailers jumped 34.3 percent in February from a year earlier, according to the Ministry of Trade, Industry and Energy. It was the fastest increase since relevant data began to be compiled in June 2016.

People refrained from traveling, shopping and other outside activities as the virus rapidly spread in the month. The government encouraged people to stay at home and avoid social and religious gatherings.

The food sale by online retailers surged 92.5 percent in February from a year earlier, and the household items sale soared 44.5 percent on demand for hygiene items such as face masks and hand sanitizers.

Meanwhile, revenue by major offline retailers declined 7.5 percent in the cited month, marking the second-biggest monthly reduction since the data began to be compiled.

Revenue by department stores and discount outlets tumbled 21.4 percent and 10.6 percent each, while convenient stores' sales grew 7.8 percent last month.
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