Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket ...
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
Gmarket CEO assures employees of stability after Alibaba joint venture announcement Gmarkets leadership reaffirms commitment ...
Shinsegae and Alibaba form joint venture to boost e-commerce competitiveness Retail titans join forces to enhance online ...
South Korea’s retail giant Shinsegae Group is set to establish a joint venture with China’s Alibaba International this year, ...
While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...
Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...
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 ...
Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a ...
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 ...