Shinsegae Group recently unveiled a strategic partnership with Chinese tech giant Alibaba, valued at approximately 6 trillion ...

Shinsegae and Alibaba form joint venture to boost e-commerce competitiveness Retail titans join forces to enhance online ...

Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...

Chung Yong-jin, chairman of Shinsegae Group, previously hired Jung Hyung-gwon, former head of Alibaba Korea, as the new CEO of Gmarket in June. Jung served as the head of Alibaba Korea and as the ...

While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...

This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...

Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. Read why I'm bearish on BABA stock.

The flurry of festive season transactions also included forming a $4 billion joint venture with E-Mart Inc.’s e-commerce platform Gmarket in South Korea. Alibaba’s busy patch, in addition to ...

PDD Holdings is expanding its free delivery to Japan, Singapore, Taiwan, Korea, and Macau, enhancing its global reach. Read ...