Gmarket, the e-commerce unit of South Korea’s Shinsegae Group, has joined forces with China’s Alibaba to seek a turnaround ...
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
Alibaba Group Holding Ltd. is nearing a deal to merge its South Korean operations with E-Mart Inc.’s e-commerce platform to ...
Alibaba (BABA) Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a 50-50 joint venture, according to a stock exchange ...
In a strategic move to strengthen its position in South Korea's competitive e-commerce market, Alibaba Group ( BABA, ...
In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint ...
E-Mart acquired a controlling stake in eBay’s South Korean online marketplace for about US$3 billion, expanding its customer ...
Alibaba Group Holding Ltd. and South Korean retail giant E-Mart have joined forces to establish a $4 billion e-commerce joint ...
Alibaba Group agreed to merge its South Korean operations with E-Mart’s e-commerce platform to better compete in the country’s fast-paced online retail sector. Read more at The Business Times.