Emart returned to profit in 2025 after three years of losses, but persistent equity-method losses from Gmarket continue to weigh on its outlook, with analysts expecting further challenges despite improved operating conditions.
#YonhapInfomax #Emart #Gmarket #EquityMethodLoss #OperatingProfit #RevenueGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105554
[Retail Walk] Emart Avoids Third Consecutive Year of Losses, but Gmarket Remains a 'Pain Point'
Emart returned to profit in 2025 after three years of losses, but persistent equity-method losses from Gmarket continue to weigh on its outlook, with analysts expecting further challenges despite improved operating conditions.
Gmarket, a major South Korean e-commerce platform, is launching a large-scale year-end recruitment drive, aiming to hire double-digit staff across 36 positions to strengthen its platform competitiveness and organizational expertise.
#YonhapInfomax #Gmarket #Recruitment #PlatformCompetitiveness #ECommerce #DoubleDigitHiring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96938
Gmarket Launches Large-Scale Year-End Recruitment Drive to Bolster Platform Competitiveness
Gmarket, a major South Korean e-commerce platform, is launching a large-scale year-end recruitment drive, aiming to hire double-digit staff across 36 positions to strengthen its platform competitiveness and organizational expertise.
Gmarket to Fully Refund Customers Affected by Suspected Account Breach
Gmarket will fully refund all customers affected by a recent suspected account breach, pledging comprehensive compensation and enhanced security measures.
Shinsegae Group Chairman Chung Yong-jin has been appointed as the first chairman of the board for Grand Opus Holding, the joint venture between Shinsegae and Alibaba, signaling a renewed push for Gmarket's growth through strategic collaboration.
#YonhapInfomax #ShinsegaeGroup #AlibabaGroup #GrandOpusHolding #Gmarket #JointVentureBoard #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90369
Chung Yong-jin Appointed as Inaugural Chairman of Shinsegae-Alibaba JV Board
Shinsegae Group Chairman Chung Yong-jin has been appointed as the first chairman of the board for Grand Opus Holding, the joint venture between Shinsegae and Alibaba, signaling a renewed push for Gmarket's growth through strategic collaboration.
Gmarket Announces Annual 700 Billion Won Investment to Bolster Domestic Competitiveness and Drive Global Expansion
Gmarket will invest 700 billion won ($520 million) annually to strengthen its domestic e-commerce leadership and accelerate global expansion, targeting a doubling of transaction volume by 2030.
Gmarket has partnered with Alibaba Group’s Lazada to offer up to 20 million products to Southeast Asian customers, streamlining cross-border sales and logistics for Korean sellers.
#YonhapInfomax #Gmarket #Lazada #AlibabaGroup #ECommerce #OverseasExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83910
Gmarket Partners with Alibaba's Lazada to Expand Overseas Sales Channels
Gmarket has partnered with Alibaba Group’s Lazada to offer up to 20 million products to Southeast Asian customers, streamlining cross-border sales and logistics for Korean sellers.
Shinsegae Group has overhauled its executive lineup, replacing heads of its struggling e-commerce, duty-free, and fashion units to address ongoing losses and restore competitiveness amid a rapidly expanding online retail market.
#YonhapInfomax #ShinsegaeGroup #ECommerce #Gmarket #OperatingLoss #ExecutiveReshuffle #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83654
'If Left Unchecked, Trouble Looms'—Shinsegae Group's Executive Reshuffle Reflects Sense of Crisis
Shinsegae Group has overhauled its executive lineup, replacing heads of its struggling e-commerce, duty-free, and fashion units to address ongoing losses and restore competitiveness amid a rapidly expanding online retail market.
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.
#YonhapInfomax #ShinsegaeGroup #AlibabaGroup #Emart #Gmarket #ECommerceCompetitiveness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82614
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.
Shinsegae Group and Alibaba International's joint venture has received antitrust approval, paving the way for Gmarket's 600,000 sellers to access Alibaba's global platform and expand into over 200 countries, with enhanced AI-driven personalization and cross-border logistics.
#YonhapInfomax #ShinsegaeGroup #AlibabaInternational #Gmarket #GlobalExpansion #AntitrustApproval #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82385
Shinsegae, Alibaba JV Clears Antitrust Hurdle—'Sellers to Go Global This Year'
Shinsegae Group and Alibaba International's joint venture has received antitrust approval, paving the way for Gmarket's 600,000 sellers to access Alibaba's global platform and expand into over 200 countries, with enhanced AI-driven personalization and cross-border logistics.
The Korea Fair Trade Commission has conditionally approved the Shinsegae-Alibaba joint venture, requiring Gmarket and AliExpress to segregate domestic consumer data to address competition and data security concerns in South Korea's online cross-border e-commerce market.
#YonhapInfomax #KoreaFairTradeCommission #Gmarket #AlibabaGroup #ConsumerData #MarketShare #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82338
'Consumer Data Segregation'—KFTC Grants Conditional Approval for Gmarket-Alibaba Joint Venture
The Korea Fair Trade Commission has conditionally approved the Shinsegae-Alibaba joint venture, requiring Gmarket and AliExpress to segregate domestic consumer data to address competition and data security concerns in South Korea's online cross-border e-commerce market.
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