Gmarket has collaborated with CJ Logistics to achieve next-day delivery, guaranteed arrival, and now Sunday delivery. To ...
The annual transaction amount increased by more than an average of 38% annually, from 7.5 billion won in its first year.
While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...
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 ...
South Korea’s retail giant Shinsegae Group is set to establish a joint venture with China’s Alibaba International this year, ...
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 ...
We look at the latest acquisition by an integrated agri-business and provide the latest updates on the Singapore Post saga. The post Top Stock Market Highlights of the Week: Wilmar International, ...
Coupang solidified its position as a leader in Korea's e-commerce industry, achieving profitability in the third quarter and ...
The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently ...
The companies plan to make further investments in the JV, which will own 100% of Gmarket, and the new entity could be valued at about $4B, people familiar with the matter told Bloomberg.
This post was written by Josh Lynch 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, ...