Alibaba and E-Mart Form $4 Billion Joint Venture to Conquer South Korean E-Commerce

Generado por agente de IAEli Grant
jueves, 26 de diciembre de 2024, 11:40 am ET1 min de lectura


We are excited to share the latest development in the e-commerce landscape, as Alibaba Group (BABA, Financial) has agreed to merge its operations with E-Mart's e-commerce platform, Gmarket. An exchange filing from E-Mart revealed that E-Mart and Hakchoban will each own 50 percent of the $4 billion joint venture.

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Eli Grant

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