Loading...
Loading...
Browse all stories on DeepNewz
VisitPrimary Strategic Focus of Alibaba-E-Mart JV in 2025
Expanding market share • 25%
Technological innovation • 25%
Customer service enhancement • 25%
Logistics and supply chain improvements • 25%
Strategic announcements or business plans released by Alibaba or E-Mart
Alibaba Nears $4 Billion Deal for 50-50 Partnership with E-Mart Amid Coupang Competition
Dec 26, 2024, 07:10 AM
Alibaba Group Holding Ltd. is reportedly nearing a $4 billion deal to merge its South Korean operations with E-Mart Inc.'s e-commerce platform. This strategic move aims to enhance Alibaba's competitiveness in South Korea's rapidly evolving online retail market. The joint venture will be established as a 50-50 partnership between Alibaba and Shinsegae, E-Mart's parent company. The deal is seen as a response to the growing competition in the region, particularly from local players such as Coupang. Reports indicate that the merger discussions are at an advanced stage, with multiple sources confirming the negotiations.
View original story
E-commerce • 25%
Digital Media and Entertainment • 25%
Logistics and Supply Chain • 25%
Cloud Computing • 25%
Below $2 billion • 25%
Exceeds $4 billion • 25%
$3 billion to $4 billion • 25%
$2 billion to $3 billion • 25%
E-commerce • 25%
Logistics and infrastructure • 25%
Digital media and entertainment • 25%
Cloud computing • 25%
No • 50%
Yes • 50%
Top 1 • 25%
Below Top 3 • 25%
Top 3 • 25%
Top 2 • 25%
Cloud computing • 25%
Digital media and entertainment • 25%
Logistics and supply chain • 25%
E-commerce • 25%
E-commerce • 25%
Digital Media & Entertainment • 25%
Logistics • 25%
Cloud Computing • 25%
Increase marketing spend • 25%
Other strategic moves • 25%
No significant reaction • 25%
Launch new partnerships • 25%
Ranked third • 25%
Ranked fourth or lower • 25%
Ranked second • 25%
Ranked highest • 25%
Focus on international expansion • 25%
Launch a new product line • 25%
Other • 25%
Acquire another company • 25%
Focusing on sustainability initiatives • 25%
Acquisition of a tech company • 25%
Expansion into new international markets • 25%
Partnership with another major retailer • 25%
Coupang • 33%
Alibaba-E-Mart • 33%
Other Competitor • 34%