The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.

Alibaba Group Holding Ltd. is nearing a deal to merge its South Korean operations with E-Mart Inc.’s e-commerce platform to ...

Alibaba Group Holding Limited has announced the sale of its shares in Sun Art for $1.6 billion (€1.5 billion).

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

Alibaba Group Holding Ltd. (BABA) is in discussions with South Korea's E-Mart to create a joint venture to strengthen its position in ...

Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a ...

Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...

In a strategic move to strengthen its position in South Korea's competitive e-commerce market, Alibaba Group ( BABA, ...

This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...

Shinsegae Group's e-commerce platform Gmarket will establish a joint venture with China's e-commerce platform AliExpress ...

Alibaba Group agreed to merge its South Korean operations with E-Mart’s e-commerce platform to better compete in the country’s fast-paced online retail sector. Read more at The Business Times.