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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: iod_sherwood who wrote (5946)3/6/2001 11:22:44 PM
From: puborectalis   of 6445
 
E-Commerce Sales Rise 40 Pct. in Fourth Quarter of 2000

March 7, 2001 (SEOUL) -- E-commerce sales at Korean companies rose by an average of
40 percent to 665.7 billion won during the fourth quarter of 2000 from 476.4 billion won
in the third quarter of last year.

The robust figure suggests that Korean online business is growing rapidly, despite
lingering uncertainties over lower-than-expected online profitability.

The number of companies involved with e-business rose to 1,866 during
September-December period from 1,832 in the previous quarter.

Yet, companies tend to create huge synergy through operating both online and offline
businesses. (1,264.8 won - US$1)
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