Coupang’s aggressive mobile-first strategy and rapid delivery services have reshaped the country’s online retail landscape. Shinsegae acquired an 80.01% stake in Gmarket’s operator ...

Gmarket is Shinsegae’s online shopping platform. Gmarket’s CEO, Danny Chung, joined the company in July from Alibaba where he was Korea general manager. Last year, Gmarket logged revenue of 1. ...

The two retail giants will each have 50 percent of shares in the joint venture, which will include AliExpress Korea and Gmarket as its subsidiary, according to Shinsegae Group on Thursday. Gmarket and ...

Update: The story was updated with Gmarket declining to comment. Alibaba's (NYSE:BABA) AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint ...

AliExpress International and Gmarket are creating a 50-50 JV, according to a stock exchange filing by E-Mart which confirmed a report by Bloomberg News. The companies plan to make further ...

Chinese e-commerce giant Alibaba Group Holding and South Korean retailer E-mart plan to set up an online shopping joint ... AliExpress Korea and Gmarket, to form a 50-50 joint venture, E-mart ...

Alibaba Group agreed to merge its South Korean operations with E-Mart’s e-commerce platform to better compete in the country’s fast-paced online retail sector. AliExpress International and Gmarket are ...