Shinsegae Group recently unveiled a strategic partnership with Chinese tech giant Alibaba, valued at approximately 6 trillion ...

“The company will work with Alibaba to expand Gmarket’s services and improve customer experience,” E-Mart’s filing said. Gmarket is Shinsegae’s online shopping platform. Gmarket’s ...

Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket and AliExpress Korea.

This will pave the way for Gmarket sellers to expand their sales territories abroad by utilizing Alibaba’s unmatched global network. Market analysts expected CJ Logistics to greatly benefit from ...

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, according to a stock exchange ...

Shinsegae noted that through this joint venture, Gmarket will establish a foothold for sellers to enter the global market, and the IT accumulated by Alibaba International will upgrade Gmarket’s ...

This will allow Gmarket sellers to access a significantly larger customer base through Alibaba's extensive global e-commerce networks, according to Shinsegae. Additionally, the new partnership ...

Gmarket ranked fifth with 5.62 million MAUs ... “We will also establish a firm foothold for domestic sellers to enter global markets,” CEO Chung added. CIO chief vows Yoon Suk Yeol's ...