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,
Conshohocken firm looks to acquire as many as 40 shopping centers in joint venture
CenterSquare will enter 2025 with more than $300 million to invest in shopping center acquisitions and is already targeting ...
Indian Health Service and Chickasaw Nation to Sign Joint Venture Agreement and Lease for Newcastle Medical Center
Director Roselyn Tso and Chickasaw Nation Governor Bill Anoatubby will sign a joint venture agreement and lease to develop ...
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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 ...
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 ...
Yahoo2d
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.
Torque News7d
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 ...
JD Supra7d
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 ...
Business Times1d
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 ...