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to grow at an average annual rate of 160.2% from KRW 29 billion to KRW 1,327.3 billi
on in 2026 , five years later .
2. Offline sales
Offline sales target affiliated stores such as offline restaurants , hotels , airlines , and
leisure businesses . As of August 15 , 2016 , by industry , Korean restaurants were th
e largest with 301,939 , followed by coffee shops ( 55,693 ) , snack bars ( 46,221 ) ,
and chicken restaurants ( 31,529 ) . . The average annual sales
< Figure 2-3> Number of restaurant businesses
Source : Reporter Kim Min- sang (August 15, 2016), “ Employment difficulties lead to entrepreneurship
in 2030 , JoongAng Ilbo .”
Offline sales were estimated based on the following assumptions .
First , Giga Korea Co., Ltd.'s offline affiliated store sales were assumed to be 90% of Gi
ga Korea Co., Ltd.'s online shopping mall transaction volume .
Second , franchise stores accumulate 10% of sales , and half of this, 50% , is distributed
as shared profits . And 25% of the shared profits are converted into company profits . QR
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