The operator of the live commerce shopping app "Grip," Grip Company, announced on the 19th that it has appointed Kim Tae-soo, ...
Asia’s eccommerce landscape is evolving rapidly, with social commerce and content-driven shopping playing a major role in ...
Data from e-commerce platform Gmarket showed that in 2023, 57 per cent of all strollers sold were designed for pets, compared to just 43 per cent for babies – an inversion of figures from two ...
On December 17th, we sold our nearly 20% stake in Apollo Korea, the owner of Gmarket, and generated over $320 million in gross cash proceeds from the transaction. Moving onto our outlook.
Meanwhile, Gmarket is forming a joint venture with Alibaba International to create synergies with the global platform. The corporate merger notification has been submitted to the Fair Trade ...
AliExpress International and Gmarket are creating a 50-50 joint venture, with plans for further investments in a deal that could value the new entity at about US$4 billion. BLOOMBERG ...
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The group’s turnaround efforts are also focused on e-commerce and its flagship Shinsegae Department Store business. Gmarket Inc., which Shinsegae acquired from eBay in 2021, is set to launch a joint ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...