Shinsegae and Alibaba form joint venture to boost e-commerce competitiveness Retail titans join forces to enhance online ...

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 ...

The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently ...

CHOSUNBIZ provides these translations as-is and does not guarantee their accuracy, reliability, or suitability for any purpose. Please be aware that the content may not be fully accurate due to the ...

Coupang solidified its position as a leader in Korea's e-commerce industry, achieving profitability in the third quarter and ...

News that Shinsegae Group and China's Alibaba are joining hands this week stood out. Gmarket and AliExpress decided to join hands. Please point out the background as well. [Lee In-cheol] Shinsegae ...

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, ...

Grab has acquired the operations of Nham24, a leading food delivery platform in Cambodia, following regulatory approval. This ...