Alibaba Nears $4B E-Commerce Merger With South Korea's E-Mart: Report
Alibaba Group Holding Ltd. BABA is reportedly close to merging its South Korean operations with E-Mart Inc. in a deal valued ...
THE CHOSUNILBO on MSN9d
Gmarket’s struggles lead Shinsegae to Alibaba alliance
Gmarket, the e-commerce unit of South Korea’s Shinsegae Group, has joined forces with China’s Alibaba to seek a turnaround ...
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.
중앙일보9d
Shinsegae, Alibaba to form $4B joint venture amid intensifying e-commerce rivalry
Emart, a supermarket chain operated by Shinsegae, bought an 80.01 percent stake in Gmarket for 3.44 trillion won in 2021 from eBay Korea, a subsidiary of the U.S. e-commerce giant. Alibaba will invest ...
The Edge Singapore9d
Alibaba, E-Mart to create US$4 bil e-commerce JV in South Korea
E-Mart acquired a controlling stake in eBay’s South Korean online marketplace for about US$3 billion, expanding its customer ...
The Korea Times11y
Ryu Hyun-jin products 'hot' online
Baseball products for fans of Ryu Hyun-jin are being sold fast online. eBay Korea reported on Aug. 6 that in July alone, the total Ryu products registered the world's largest online trade market ...