Shinsegae Group and Lotte Group - two leading retail giants in Korea - are grappling with the challenge of finding new growth ...
Shinsegae showcases luxury gifts including premium liquor and top Hanwoo beef Shinsegae unveils exclusive gourmet offerings ...
reported its first loss in 12 years last year as e-commerce competitors expanded into fresh food, a traditional strength of large-format stores. Gmarket, rather than bolstering Shinsegae’s ...
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 ...
Shinsegae Co. signage is displayed outside ... The news sent shares of E-Mart up 5.45%, giving it a market cap of 2.1 trillion won (about $1.4 billion). The new joint venture company, called ...
At the same time, Shinsegae I&C rose by 25.37% and Shinsegae Food also gained 11.41% ... and manufacturing (ODM), skyrocketed as the market opened. Although Nobrand is not a subsidiary of the ...
Shinsegae said the strategic partnership came as the two parties agreed to bolster Gmarket’s presence in the global e-commerce market. The goal is achievable by using the global platform of ...
The JV is expected to help these entities strengthen their position in the South Korean market and fight competition from local players like Naver Corp. and Coupang Inc. (CPNG). South Korea’s ...
SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint ... Meanwhile, in South Korea's e-commerce market which is the world's fourth-largest according to Euromonitor data ...