Chinese capital is rapidly flowing into South Korean e-commerce, from vertical specialized platforms to major retail group ...

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 ...

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 ...

Shares of CJ Logistics soared by more than 12 percent on Friday morning, fueled by expectations of sales growth from the ...

“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 growth of these sellers will, in turn, strengthen Gmarket’s market competitiveness, according to the Korean company. Shinsegae also said it expects Alibaba International’s advanced IT ...

The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently ...

Analyst John Yu of Citi maintained a Buy rating on Coupang (CPNG – Research Report), reducing the price target to $28.00.Stay Ahead of the ...

Both Gmarket and AliExpress Korea will continue ... Alibaba has been seeking to expand its international footprint to make up for slower growth in its core Chinese e-commerce business.

AliExpress International and Gmarket are creating a 50-50 joint venture ... Alibaba has been seeking to expand its international footprint to make up for slower growth in its core Chinese e-commerce ...