South Korea's Shinsegae to set up joint venture with Alibaba International
By Joyce Lee and Hyunjoo Jin 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,
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.
E-mart, Alibaba Plan Online-Shopping Joint Venture
Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture.
Alibaba, E-Mart Form $4 Billion Joint Venture to Strengthen South Korean E-Commerce Presence
Alibaba Group Holding Ltd. and E-Mart Inc. have partnered to create a 50-50 joint venture between AliExpress International and Gmarket in South Korea's competitive e-commerce market. The JV will own 100% of Gmarket,
Alibaba partners with South Korea’s E-Mart to launch e-commerce platform
Chinese e-commerce giant Alibaba Group has agreed to collaborate with South Korean hypermarket operator E-Mart to establish a new e-commerce platform in
Alibaba, E-Mart to create US$4 billion e-commerce JV in Korea
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online retail sector.
Alibaba Shares Rise On JV with South Korea’s E-Mart: Retail’s Neutral
Alibaba Group Holding ADR shares were up 0.83% on Thursday morning after the retail giant agreed to a joint venture between its e-commerce operations and South Korea’s E-Mart Inc.’s e-commerce platform,
Indian Health Service and Chickasaw Nation to Sign Joint Venture Agreement and Lease for Newcastle Medical Center
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Conshohocken firm looks to acquire as many as 40 shopping centers in joint venture
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Joint venture including Warsaw Chopin operator to steer Polish hub airport programme
Poland's Centralny Port Komunikacyjny, the developer of a new hub airport for the country, is forming a joint venture for the ...
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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.
Israel Aerospace Plans Vietnam Joint Venture, Tech Transfers
Israel Aerospace Industries Ltd. is looking to forge a joint venture with a Vietnamese company in 2025 that would include ...
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The Merger of Honda And Nissan To Better Address The Chinese EV Threat Would Likely Be Better Served With A Well-Funded Joint Venture Than A Merger
Honda and Nissan are looking to merge but the merge process would take to long to settle even if they used the Dell/EMC ...
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Update Your 8(a) Joint Venture Agreements Now: SBA Issues New Rule
The Small Business Administration (“SBA”) published a final rule on Oct. 16, which became effective on Nov. 16, consolidating the 8(a) ...
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to a joint venture of Ford Motor and South ...
Architecture firm lands $56M federal contract through joint venture
The St. Louis-based firm is part of a joint venture that was awarded a multiyear task contract from the U.S. Army Corps of ...
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Alibaba joint venture EV brand IM Motors to take on Tesla, Xpeng in Singapore
A NEW electric vehicle (EV) brand backed by state-owned China carmaker SAIC Motor and e-commerce giant Alibaba aims to ...