Chung Yong-jin, chairman of retail giant Shinsegae Group, will acquire an entire 10 percent stake in the group's discount ...

Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture.

South Korean discount chain E-Mart, a unit of tycoon Chung Yong-jin’s retail conglomerate Shinsegae, has agreed to form a joint venture in South Korea with Chinese e-commerce giant Alibaba.

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 online retail sector.

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 ...

(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's (NYSE:BABA) AliExpress International and South Korea-based E-Mart's e-commerce platform Gmarket are forming a 50-50 joint venture, Bloomberg News reported. The companies plan to make ...

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 ...

Chinese e-commerce giant Alibaba Group Holding and South Korean retailer E-mart plan to set up an online shopping joint venture. Alibaba and E-mart will combine the assets of their separate e ...

Dec 26 (Reuters) - Alibaba Group (9988.HK), opens new tab is nearing a deal to merge its South Korean operations with E-Mart's (139480.KS), opens new tab e-commerce platform in a transaction that ...