Alibaba, E-Mart Launch $4 Billion E-Commerce Venture in Korea
Alibaba Group Holding Ltd. has formed a joint venture with E-Mart Inc.’s e-commerce platform in South Korea to expand its presence in the country’s fast-growing online retail market. The new 50-50 joint venture will be owned by AliExpress International and Gmarket, both of which will continue to operate independently on their respective platforms. The partnership … Read more