Yonhap Infomax NewsShinsegae Group’s JV with Alibaba aims to reshape South Korea’s e-commerce market, with Emart set to ease losses by deconsolidating Gmarket, though doubts remain over core competitiveness as SSG.com and Gmarket continue to post losses.
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Will Shinsegae Group’s Korea-China JV Drive Further Improvement in Emart’s Earnings
Shinsegae Group’s JV with Alibaba aims to reshape South Korea’s e-commerce market, with Emart set to ease losses by deconsolidating Gmarket, though doubts remain over core competitiveness as SSG.com and Gmarket continue to post losses.