E-mart, Alibaba

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.
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.
Alibaba, E-Mart to Create $4 Billion E-Commerce JV in Korea
Alibaba Group Holding Ltd. agreed to merge its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail sector.
A New Era of E-commerce in South Korea: Alibaba and E-Mart Join Forces
South Korean e-commerce market, Alibaba Group Holding Ltd. has entered into a significant agreement with E-Mart Inc. to form a joint venture.
Shinsegae Partners with Alibaba to Reshape South Korea’s E-commerce Landscape
The new entity, “Grand Opus Holding,” will launch in 2025 with equal ownership between Shinsegae and Alibaba’s international subsidiary. The partnership integrates Shinsegae’s Gmarket platform and Alibaba’s AliExpress Korea, while maintaining their independent operations.
Alibaba, E-Mart to create US$4 bil e-commerce JV in South Korea
E-Mart acquired a controlling stake in eBay’s South Korean online marketplace for about US$3 billion, expanding its customer base in groceries and general merchandise.
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,
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.
Alibaba, E-Mart to form $4B e-commerce joint venture in South Korea - report
AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint venture, Bloomberg News reported. The companies plan to make additional investments in the joint venture which will own 100% of Gmarket,
Alibaba Group Holding Ltd. ADR outperforms competitors on strong trading day
This was the ADR's third consecutive day of gains.
Alibaba Group Mirrors A Slowing China: Not The Growth Engine It Once Was
Alibaba, a $200 billion Chinese ecommerce and tech conglomerate, sees growth challenges due to China's slowing economy and ...
Alibaba Nears $4B E-Commerce Merger With South Korea's E-Mart: Report
Alibaba Group Holding Ltd. BABA is reportedly close to merging its South Korean operations with E-Mart Inc. in a deal valued ...
Alibaba announces advanced experimental visual reasoning QVQ-72B AI model
Alibaba Cloud, the cloud computing arm of China Alibaba Group Ltd., has unveiled QVQ-72B-Preview, an experimental open-source ...
Alibaba: The End Of New Retail As We Know It?
Alibaba shifts focus away from New Retail, selling Intime and facing challenges in the Chinese market. See here to know why ...
Alibaba stock rebound is elusive, but a comeback is coming in 2025
What is the outlook of the Alibaba stock price after the rebound in 2024 faced major resistance? We explain why the rebound ...
Alibaba Group Holding Limited (BABA) Restructures AI Teams to Enhance Consumer Products and LLM Research
We recently published a list of 10 AI News That Broke the Internet. In this article, we are going to take a look at where ...
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Why Barron's Added Alibaba to Their 2025 Buy List
It’s the end of the 2024 trading year. Now that investor attention – and capital – is headed to 2025, a few resources might ...