Shinsegae Group recently unveiled a strategic partnership with Chinese tech giant Alibaba, valued at approximately 6 trillion ...

Amazon targets ultra-low price market to compete with Chinese e-commerce in Korea Amazons price strategy aims to challenge ...

This will pave the way for Gmarket sellers to expand their sales territories abroad by utilizing Alibaba’s unmatched global network. Market analysts expected CJ Logistics to greatly benefit from the ...

Shinsegae noted that through this joint venture, Gmarket will establish a foothold for sellers to enter the global market, and the IT accumulated by Alibaba International will upgrade Gmarket’s ...

“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 ...

The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea and Gmarket will be ...

Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket ...

The Japanese maker of Jim Beam bourbon whiskey is preparing for rising risk of global trade wars by stockpiling ... AliExpress Korea and Gmarket, to form a 50-50 joint venture.

Gmarket, acquired by Shinsegae for 3.44 trillion won from eBay Korea in 2021, has faced ongoing financial struggles, recording operating losses of 5.9 billion won in 2021, 65.4 billion won in 2022 ...

Coupang solidified its position as a leader in Korea's e-commerce industry, achieving profitability in the third quarter and posting record-breaking quarterly sales. At the same time, Chinese ...