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 and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50 ...
Gmarket, the e-commerce unit of South Korea’s Shinsegae Group, has joined forces with China’s Alibaba to seek a turnaround ...
This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...
In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint ...
Shinsegae Group announced a strategic partnership with Alibaba International on Thursday to establish a joint venture. This ...
Shinsegae, Alibaba form joint venture to challenge Coupang, Naver duopoly Shinsegae and Alibaba join forces to reshape the ...
In a strategic move to strengthen its position in South Korea's competitive e-commerce market, Alibaba Group ( BABA, ...
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.