Online food delivery market grows 79 pct in 2020 amid pandemic
SEOUL, March 2 (Yonhap) -- South Korea's online food delivery service market spiked nearly 80 percent in 2020 from a year earlier amid the coronavirus pandemic, government data showed Tuesday.
The value of online food service transactions came to 17.4 trillion won (US$15.5 billion) last year, up 78.6 percent from the previous year, according to the data from Statistics Korea.
It was nearly 6.4 times the 2.7 trillion won recorded in 2017, when the statistical agency started tracking related data.
Of the total transactions, 95 percent, or 16.5 trillion won, were mobile orders, with the remainder involving internet deals.
Last year's surge was attributed to the coronavirus outbreak that forced people to abstain from dining out and resort more to delivered foods.
Industry sources said the local online food delivery service market will likely expand further down the road due to growing demand from consumers and virus-induced restrictions on the business hours of restaurants.
South Korea has been gripped by the novel coronavirus outbreak since January last year, with the number of infections exceeding 90,000 and the death toll reaching slightly over 1,600.
(END)
-
BTS' J-Hope tries long hair in photo book to be released this month
-
BTS fails to win Grammy for 3rd consecutive year
-
DP hits back at Yoon's office over stock manipulation allegations involving first lady
-
Candidate registration opens for PPP leadership race
-
(LEAD) Candidate registration opens for PPP leadership race
-
BTS fails to win Grammy for 3rd consecutive year
-
DP hits back at Yoon's office over stock manipulation allegations involving first lady
-
Jay Park's Won Soju to be sold in U.S.
-
(2nd LD) Search under way for 9 missing after fishing boat capsizes
-
(LEAD) Ahn calls off campaigning activities amid row with Yoon's office
-
Pirates' Choi Ji-man says 'deeply hurt' to be dropped from WBC team
-
BTS fails to win Grammy for 3rd consecutive year
-
Ex-gov't employee summarily indicted for alleged attempt to sell Jungkook's lost hat
-
Injured Wolves forward Hwang Hee-chan to undergo treatment in S. Korea
-
(LEAD) N. Korea calls for 'perfecting' war readiness posture in meeting chaired by leader Kim