AliExpress International and Gmarket are creating a 50-50 JV, according to a stock exchange filing by E-Mart, which confirmed a report by Bloomberg News. The companies plan to make further investments ...

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 it will ...

The collaboration will see AliExpress International and Gmarket, a subsidiary of E-Mart, operating under a newly created entity, which will be co-owned equally by the two companies, according to an ...

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 ...

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 ...

AliExpress International and Gmarket are creating a 50-50 JV, according to a stock exchange filing by E-Mart which confirmed a report by Bloomberg News. The companies plan to make further ...

“The company will work with Alibaba to expand Gmarket’s services and improve customer experience,” E-Mart’s filing said. Gmarket is Shinsegae’s online shopping platform. Gmarket’s ...

Update: The story was updated with Gmarket declining to comment. Alibaba's (NYSE:BABA) AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint ...

Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture, E-mart said in a regulatory filing Thursday.