Shinsegae, Korea and Alibaba

Shinsegae’s E-Mart Discount Chain And Alibaba To Form Korean Joint Venture
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
South Korea's Shinsegae to set up joint venture with Alibaba International
South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday.The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket,
Shinsegae, Alibaba to form $4B joint venture amid intensifying e-commerce rivalry
Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket and AliExpress Korea.
Shinsegae Partners with Alibaba to Reshape South Korea’s E-commerce Landscape
The new entity, “Grand Opus Holding,” will launch in 2025 with equal ownership between Shinsegae and Alibaba’s international subsidiary. The partnership integrates Shinsegae’s Gmarket platform and Alibaba’s AliExpress Korea, while maintaining their independent operations.
Shinsegae Gmarket forms joint venture with AliExpress to reshape e-commerce in Korea
Shinsegae Group's e-commerce platform Gmarket will establish a joint venture with China's e-commerce platform AliExpress Korea and enter into joint management.
South Korea's Shinsegae to set up JV with Alibaba International
SEOUL (Reuters) -- South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing.
Alibaba, E-Mart to Create $4 Billion E-Commerce JV in Korea
South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail sector.AliExpress International and Gmarket are creating a 50-50 JV, according to a stock exchange filing by E-Mart which confirmed a report by Bloomberg News.
Alibaba Plans E-Commerce Joint Venture With South Korea's E-Mart
Chinese e-commerce giant Alibaba will form a joint-venture online shopping operation with South Korean retailer E-Mart.
Alibaba Partners with E-Mart in $4 Billion Deal to Strengthen South Korean Online Retail Leadership
In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint venture to take full ownership of Gmarket. The deal positions the companies to compete with
Alibaba agrees to merge S.Korean operations with E-Mart in a $4bn deal - Bloomberg
Group Holding is set to merge its South Korean operations with E-Mart’s e-commerce platform to strengthen its position in the country’s competitive online retail landscape. AliExpress International and
Alibaba, E-Mart to form $4B e-commerce joint venture in South Korea - report
AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint venture, Bloomberg News reported. The companies plan to make additional investments in the joint venture which will own 100% of Gmarket,
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Shinsegae sets revenue target of 10 trillion won by 2030 for value-up plan
Shinsegae announced its corporate value-up plan aimed at enhancing its shareholder returns on Friday, with a goal of ...
Shinsegae Value Up Disclosure... "More than 200,000 shares of treasury stock are burned every year for three years."
Shinsegae has announced a plan to raise corporate value, which includes burning more than 200,000 shares of its own shares every year over the next three ...
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Questions arise on how Shinsegae-Alibaba joint venture would create synergy
Shinsegae Group's announcement on Thursday of its planned joint venture with Alibaba International, aimed at amplifying ...
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Shinsegae Centum City sees surge in foreign customers as K-fashion thrives
As of December 21 this year, foreign customers at Shinsegae Centum City increased by 253% compared to the same period last ...