Shinsegae Group and Alibaba International will form a joint venture in 2025 to run their respective e-commerce sites, Gmarket and AliExpress Korea, as the Korean and Chinese retail giants seek to ...

Gmarket, the e-commerce unit of South Korea’s Shinsegae Group, has joined forces with China’s Alibaba to seek a turnaround amid persistent financial struggles. Shinsegae announced Dec. 26 that ...

The operator of the live commerce shopping app "Grip," Grip Company, announced on the 19th that it has appointed Kim Tae-soo, ...

AliExpress International and Gmarket are creating a 50-50 joint venture ... including Naver Corp. and Coupang Inc. This month, South Korea’s consumer confidence dropped by the most since ...

Through this merger, Emart plans to simplify the structure leading to "Emart-Emerald SPV-Apollo Korea-Gmarket" and enhance the transparency of its governance structure. An Emart official noted ...