Korea Post Improves Package Postage Or Affects Cross-Border Online Shopping

The postal charges of Korea post have not been adjusted for nearly ten years. In recent years, oil prices and wages have been rising. Korea post finally lost money in 2011. In addition, South Korea's e-commerce is growing, and more and more parcels are being mailed. Post Office The deficit will further increase.

According to the reports of Korean media in January 1st, South Korean post announced that in order to reduce the snowball's growing financial deficit, the postage of heavy parcels increased from 500 to 1500 won in February 1st.

Specifically, 5 to 10 kilograms of parcel postage will increase 500 won, 10 to 20 kilograms will increase 1000 won, 20 to 30 kilograms will increase 1500 won.

　　 The Republic of Korea Postal executives said: "because of the increase in oil prices and wages, we have to increase the postage so that we can maintain our profits." This is the first price increase since 2005. Korea post has suffered losses since 2011.

In addition, Korea post has increased the postage of registered mail from 1000 won to 1300 won, which is the first time in 12 years to increase the postage of registered mail.

The Republic of Korea Online shopping The reason why it develops so fast is that there are three main advantages: first, there is no fake goods on the Internet in Korea; the goods are genuine and reliable; two, the service is good and fast; three, the Internet is cheaper than the physical stores, and it is more cost-effective if there are coupons or activities.

The population of South Korea is 48 million, the number of Internet users is 34 million, the network coverage rate is 75%, and the number of online shopping accounts for 70% of Internet users.

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Korea post (English: Korea Post) dates back to the Korean Dynasty in 1884. During the period of Japan's annexation from 1910 to 1945, the DPRK used Japanese stamps. After the establishment of South Korea, the Korean postal service is under the Ministry of information and communications of Korea (Korean language:???). After the Ministry of information and communications is revoked, it is changed to the Ministry of knowledge economy (Korean language:???), a subsidiary of the Korean government. The specific postal operation is responsible for the post office headquarters (Korean language:?????). It is a postal system with unity of government and enterprises.

The business of Korea post is divided into three main categories: postal service, postal service, and insurance business. South Korea's postal insurance business can be said to be at the forefront of the world's peers. As early as 1929, Korea post began to apply for "simple life insurance" business (closed in 1977). In 1983, Korea post re established insurance business and gradually expanded, and began to make profits in 2000.

Korea post suffered losses in the previous year and lost 54 billion 500 million won in 1997. Through the implementation of a series of reform measures and institutional restructuring, efforts to increase revenue and reduce operating costs have been implemented, and a new operational evaluation system has been implemented. The first profit was achieved in 1998, and its operating performance increased year by year.