Alibaba Nears $4B E-Commerce Merger With South Korea's E-Mart: Report
Alibaba Group Holding Ltd. BABA -1.18% Get Free Report is reportedly close to merging its South Korean operations with E-Mart Inc. in a deal valued at approximately $4 billion. This strategic move aims to bolster their position in South Korea’s competitive online retail market.
Starting next year, Shinsegae and Alibaba will merge their e-commerce platforms, Gmarket and AliExpress Korea, under a 50 ...
(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.
CJ Group will enjoy an unexpected benefit from the recent partnership between Shinsegae Group and Alibaba International, as ...
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce ...
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