Shinsegae, Korea and Alibaba

Shinsegae’s E-Mart Discount Chain And Alibaba To Form Korean Joint Venture
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
Shinsegae, Alibaba to form $4B joint venture amid intensifying e-commerce rivalry
Shinsegae Group and Alibaba International will form a $4 billion joint venture in 2025 to run their e-commerce sites, Gmarket and AliExpress Korea.
South Korea's Shinsegae to set up joint venture with Alibaba International
South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday.The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket,
Shinsegae and Alibaba launch joint venture as CJ Logistics stock surges
Shinsegae Group and China's Alibaba Group decided to establish a joint venture to strengthen their competitiveness in the domestic e-commerce market, leading to a surge in CJ Logistics' stock price. This is interpreted as investors believing that Shinsegae Group and Alibaba Group will collaborate with CJ Logistics in logistics.
Shinsegae to set up joint venture with Alibaba
Shinsegae Group announced a strategic partnership with Alibaba International on Thursday to establish a joint venture. This collaboration aims to strengthen their positions in the competitive Korean e-commerce market.
Shinsegae Partners with Alibaba to Reshape South Korea’s E-commerce Landscape
The new entity, “Grand Opus Holding,” will launch in 2025 with equal ownership between Shinsegae and Alibaba’s international subsidiary. The partnership integrates Shinsegae’s Gmarket platform and Alibaba’s AliExpress Korea, while maintaining their independent operations.
Alibaba, E-Mart Form $4 Billion Joint Venture to Strengthen South Korean E-Commerce Presence
Alibaba Group Holding Ltd. and E-Mart Inc. have partnered to create a 50-50 joint venture between AliExpress International and Gmarket in South Korea's competitive e-commerce market. The JV will own 100% of Gmarket,
Alibaba partners with South Korea’s E-Mart to launch e-commerce platform
Chinese e-commerce giant Alibaba Group has agreed to collaborate with South Korean hypermarket operator E-Mart to establish a new e-commerce platform in
Alibaba, E-Mart to create US$4 billion e-commerce JV in Korea
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.
Gmarket’s struggles lead Shinsegae to Alibaba alliance
Gmarket, the e-commerce unit of South Korea’s Shinsegae Group, has joined forces with China’s Alibaba to seek a turnaround amid persistent financial struggles. Shinsegae announced Dec. 26 that it will establish a joint venture with Alibaba International,
Alibaba Shares Rise On JV with South Korea’s E-Mart: Retail’s Neutral
Alibaba Group Holding ADR shares were up 0.83% on Thursday morning after the retail giant agreed to a joint venture between its e-commerce operations and South Korea’s E-Mart Inc.’s e-commerce platform,
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Shinsegae sets revenue target of 10 trillion won by 2030 for value-up plan
Shinsegae announced its corporate value-up plan aimed at enhancing its shareholder returns on Friday, with a goal of ...
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Shinsegae announces plan to retire 200,000 shares, boosting dividends to 4,000 won
Shinsegae announces plan to retire 200,000 shares, boosting dividends to 4,000 won Shinsegae boosts shareholder confidence ...
Shinsegae Value Up Disclosure... "More than 200,000 shares of treasury stock are burned every year for three years."
Shinsegae has announced a plan to raise corporate value, which includes burning more than 200,000 shares of its own shares every year over the next three ...
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Questions arise on how Shinsegae-Alibaba joint venture would create synergy
Shinsegae Group's announcement on Thursday of its planned joint venture with Alibaba International, aimed at amplifying ...
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Shinsegae plans massive stock cancellation over next 3 years
Shinsegae Inc., the operator of South Korea's second-biggest department store chain, said Friday it will conduct a massive ...