North Korea Tries E-Commerce
May 12, 2015
E-commerce has come to North Korea, but, like many other areas of life in the Asian state, it is disconnected from the rest of the world, according to a published report. The country recently launched Okryu, its version of Amazon, but the site is not connected to the World Wide Web. It works only on North Korea’s intranet, which has been up and running for years, according to the South China News, but is rarely used because most of the country does not possess the technology to access it.
Okryu, which will sell apparel, cosmetics, furniture and food from various North Korean companies, will be managed by the General Bureau of Public Service, a government organization that oversees brick-and-mortar retail stores and restaurants. The site will accept only domestic debit cards in the local currency.