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 ...

The companies plan to make further investments in the JV, which will own 100% of Gmarket. Both Gmarket and AliExpress Korea will continue to operate their platforms independently.

Shinsegae Group's e-commerce platform Gmarket will establish a joint venture with China's e-commerce platform AliExpress Korea and enter into joint management. According to related industries on ...

Alibaba (BABA) Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a 50-50 joint venture, according to a stock exchange ...

SEOUL, South Korea — North Korean state media reported for the first time Wednesday on the political instability in South Korea, focusing on mass protests calling for the ouster of President ...

South Korea's acting President Choi Sang-mok. [Photo/Agencies] SEOUL -- South Korean police on Monday booked the current acting president Choi Sang-mok for charges relevant to insurrection ...

North Korean leader Kim Jong Un and his daughter have made a visit to a showpiece tourist resort on the country's east coast. State media on Tuesday released dozens of images of Kim Ju Ae ...

South Korea’s acting president has asked for an emergency safety inspection of the country's whole airline operations as well as a check of all Boeing 737-800s, after 179 people died when a Jeju ...