In 2017, small medium enterprises (SMEs) operating in the South Korean used car market posted revenue of over five trillion South Korean won. According to the source, used car businesses all showed positive annual revenue growth on average from 2013 to 2017; SMEs grew 20.5 percent, small enterprises grew 16.8 percent, and large enterprises grew 8.2 percent. In 2013, the used car market was designated as a "SME suited sector", which blocked large enterprises from further entering or expanding in the market.
Revenue of the used car market in South Korea in 2017, by company type
(in trillion South Korean won)
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Hankyung. (December 16, 2019). Revenue of the used car market in South Korea in 2017, by company type (in trillion South Korean won) [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/
Hankyung. "Revenue of the used car market in South Korea in 2017, by company type (in trillion South Korean won)." Chart. December 16, 2019. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/
Hankyung. (2019). Revenue of the used car market in South Korea in 2017, by company type (in trillion South Korean won). Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/
Hankyung. "Revenue of The Used Car Market in South Korea in 2017, by Company Type (in Trillion South Korean Won)." Statista, Statista Inc., 16 Dec 2019, https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/
Hankyung, Revenue of the used car market in South Korea in 2017, by company type (in trillion South Korean won) Statista, https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/ (last visited October 08, 2024)
Revenue of the used car market in South Korea in 2017, by company type (in trillion South Korean won) [Graph], Hankyung, December 16, 2019. [Online]. Available: https://www.statista.com/statistics/1132214/south-korea-used-car-market-revenue-by-company-type/