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.
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'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 ...
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 ...
Following the news, E-Mart shares rose 5.5% in Seoul, bringing the company’s market capitalization to $1.4 billion. Alibaba’s Hong Kong-listed shares climbed 2.6%.
The retail sector is witnessing a significant shift as Vishal Mega Mart (VMM) enters the stock market, drawing intense comparisons with Avenue Supermart (D-Mart), a well-established leader in the ...
Vishal Mega Mart shares slipped 5.8 per cent in Thursday's trade and registed an intraday low at Rs 105.37 per share on BSE. The stock slipped a day after making a decent debut on bourses with a 33 ...
Vishal Mega Mart Listing Live: Vishal Mega Mart, the chain of supermarkets across the country ended their trading debut with gains of 45% from the IPO price. Shares made their stock market debut on ...
Vishal Mega Mart had a strong debut, opening with a 41% premium over its IPO price. The company demonstrated robust financial performance, with a revenue CAGR of 26.3% from FY22 to FY24.
Vishal Mega Mart Share Price: Vishal Mega Mart shares debuted strongly with a 41% premium at Rs 110, driven by high demand, especially from QIBs. The company, focused on India's growing middle and ...
Vishal Mega Mart IPO listing date has been scheduled for today (Wednesday, December 18) on the bourses at 10:00 IST. (https://www.vishalmegamart.com/) Vishal Mega ...
Vishal Mega Mart Ltd. launched its IPO, raising $944 million and valuing the company at $4 billion. The offering was oversubscribed 27 times, driven by strong investor demand. The company ...