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PDD Holdings, home to the rising cross-border online discount platform, has reported a year-on-year increase of over 90% in revenue, amounting to $9.44 billion in Q3. Temu has come under the spotlight of many online retailers since the platform rose to the top of app stores in the US in just a few weeks and has now gained a presence in 48 countries, including the U.K., Spain, and Australia. While PDD has not disclosed the breakdown of Temu’s performance, it is expected that Temu was the major driver for its revenue growth.

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Leading South Korean convenience retailers have entered seven foreign markets in recent years and continue to grow with the help of the global K-pop frenzy. In this article, we will delve into four reasons why K-convenience stores win over shoppers’ hearts in Asia. 1. Exclusive Korean assortment and experience that can’t be replicated elsewhere Although there are more Korean supermarkets ar...
Seven interesting formats of 7-Eleven around the world 7-Eleven is the world’s largest convenience retail banner in terms of revenue and stores, with a global presence across more than 20 markets. Catering to local needs While 7-Eleven is well known for its food-to-go and beverage range, its global presence means it and its global franchisees may sometimes flex its format to meet local n...
The Korean wave is unstoppable and continues to sweep across the globe, with Homeplus private labels (PB) landing on store shelves in Mongolian discounters since 4 September. Homeplus chose to partner with Circle Group, a local Mongolian chain store discount retailer, to sell over 200 PB products at 14 locations under the two banners -- Orgil and Tout’en, in Ulaanbaatar. With pricing and conve...


In this presentation we look at the regional and country forecasts for grocery retailing to 2028.
See in store initiatives and activations designed to drive demand, create impulse purchases; or accelerate category growth from suppliers and retailers in South Korea.
The most innovative new concepts from the global eating out market this year.
Understand how Amazon will grow in the next five years, its latest developments, and the implications for retailers and suppliers.

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South Korea Country Presentation

A guide to South Korea’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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