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.
The new entity could be valued at about $4 billion, people familiar with the matter told Bloomberg, asking not to be identified discussing confidential information. E-Mart shares rose 5.5% in ...
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 ...
Produced by ElevenLabs and News Over Audio (Noa) using AI narration ... No corporation looms as large over the American economy as Walmart. It is both the country’s biggest private employer ...
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Canada’s prime minister gained global renown 10 years ago for his unabashedly progressive politics. But at home, voters turned sour on him long ago. Canada’s prime minister gained global ...
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 ...
TORONTO, Dec. 19, 2024 /CNW/ - Today SiriusXM Canada announced that electric vehicle manufacturer Rivian has launched SiriusXM's audio entertainment experience to all new and existing Rivian R1T ...