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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 ...
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 ...
Investing.com -- Alibaba (NYSE:BABA) Group Holding is set to merge its South Korean operations with E-Mart’s e-commerce platform to strengthen its position in the country’s competitive online ...
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 ...
Manas Tandon and Nishant Sharma, two visionary investors, have emerged as the biggest winners from Vishal Mega Mart’s blockbuster stock market debut on December 18. The retail chain store shares ...
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 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 ...