The once high-flying platform for secondhand clothes was bought by a huge South Korean tech company. Can tech fixes make peer ...
Emart, a supermarket chain operated by Shinsegae, bought an 80.01 percent stake in Gmarket for 3.44 trillion won in 2021 from eBay Korea, a subsidiary of the U.S. e-commerce giant. Alibaba will invest ...
Shinsegae Co. signage is displayed outside one of the company's department stores in Seoul, South Korea. South Korean discount chain E-Mart, a unit of tycoon Chung Yong-jin’s retail conglomerate ...
This week, Samsung launched its new money-back scheme for your old Galaxy phone in partnership with Likewize. Samsung is ...
E-Mart has been expanding its e-commerce business organically and via acquisitions. It in 2021 acquired a controlling stake in eBay Inc’s South Korean online marketplace for about US$3 billion, ...
After investing 3.44 trillion won to acquire Gmarket from eBay Korea in June 2021, Gmarket reported an operating loss of 5.9 billion won that same year. In 2022, it recorded an operating loss of ...
In 2021, it acquired a controlling stake in eBay Inc.’s South Korean online marketplace for about $3 billion, expanding its customer base in categories such as groceries and general merchandise.
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation ...
Shinsegae acquired an 80.01% stake in Gmarket’s operator, eBay Korea, for 3.44 trillion won ($2.6 billion) in 2021, marking the largest acquisition in its history. The company had high hopes for ...
South Korea's Kospi edged less than 0.1% higher ... On the winning end of Wall Street, eBay jumped 9.9% for the biggest gain ...