Shinsegae Group recently unveiled a strategic partnership with Chinese tech giant Alibaba, valued at approximately 6 trillion ...
This will allow Gmarket sellers to access a significantly larger customer base through Alibaba's extensive global e-commerce networks, according to Shinsegae. Additionally, the new partnership ...
He added that while the deficit in the fourth quarter may have worsened compared to the third quarter last year due to the voluntary retirement costs of Gmarket Global, the scale of operating ...
Amazon targets ultra-low price market to compete with Chinese e-commerce in Korea Amazons price strategy aims to challenge ...
Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket and AliExpress Korea.
This will pave the way for Gmarket sellers to expand their sales territories abroad by utilizing Alibaba’s unmatched global ...
“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 ...
Gmarket ranked fifth with 5.62 million MAUs ... “We will also establish a firm foothold for domestic sellers to enter global markets,” CEO Chung added. CIO chief vows Yoon Suk Yeol's ...
AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint venture, ...
Chinese capital is rapidly flowing into South Korean e-commerce, from vertical specialized platforms to major retail group ...
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.