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South Korean retailer Shinsegae Group's E-Mart Inc (139480.KS) said on Thursday it plans to acquire an 80% stake in eBay Inc's (EBAY.O) South Korean business for 3.4 trillion won ($3 billion).
Alibaba (BABA) Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a 50-50 joint venture, according to a stock exchange ...
(Bloomberg) -- Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced ...
(RTTNews) - Alibaba Group Holding Ltd. (BABA) is in discussions with South Korea's E-Mart to create a joint venture to strengthen its position in the nation, according to several media reports.
Alibaba Group is nearing a deal to merge its South Korean operations with E-Mart's e-commerce platform in a transaction that would value the new joint venture at about $4 billion, Bloomberg News ...
Meanwhile, E-Mart has been actively growing its e-commerce segment, notably acquiring a controlling interest in eBay Inc.’s EBAY South Korean marketplace in 2021 for roughly $3 billion.
Alibaba's (BABA) AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint venture in South Korea.
-- Alibaba Group and South Korea's E-Mart are close to combining their online-shopping assets in a transaction that would value the new entity at about $4 billion, Bloomberg reports, citing people ...
E-Mart's convenience store chain, E-Mart 24, said Friday it will foray into the Cambodian market next year to tap into the country's economic growth potential. E-Mart 24 plans to open its first ...
South Korea's convenience store chain E-Mart 24 said Monday that drone delivery services at a store in Gimcheon have begun.
E-Mart has been sanctioned by the country's antitrust agency for forcing franchisees of its convenience store subsidiary, Emart24, to operate at night despite the stores losing money when doing so ...
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.