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.
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More Korean firms commence downsizing amid market uncertainty
Uncertainties about the current business environment have triggered workforce reductions across many industries here. Gmarket, a Korean online shopping site, informed its employees on Friday that ...
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Alibaba Partners with E-Mart for $4 Billion Push Into South Korean Online Retail
Alibaba Group Holding Ltd. and South Korean retail giant E-Mart have joined forces to establish a $4 billion e-commerce joint ...