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Market
What will be the ranking of Alibaba and E-Mart joint venture in South Korea's e-commerce market by end of 2025?
3
Resolution / Starting Odds
Top 1 • 25%
Top 2 • 25%
Top 3 • 25%
Below Top 3 • 25%
Market analysis reports, industry publications
Story
Alibaba Nears $4 Billion Deal for 50-50 Joint Venture with E-Mart and Gmarket
Dec 26, 2024, 08:43 AM
Alibaba Group Holding Ltd. is nearing a deal to merge its South Korean operations with E-Mart Inc.'s e-commerce platform, creating a joint venture valued at approximately $4 billion. This strategic alliance aims to enhance Alibaba's competitiveness in South Korea's rapidly evolving online retail sector. The new venture will be a 50-50 partnership between Alibaba and E-Mart, which is part of Shinsegae, a major South Korean retail group. The merger is seen as a response to the challenges faced by Shinsegae in the e-commerce market. Reports indicate that the deal is expected to be finalized soon, further solidifying Alibaba's presence in the region.
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Ranked fourth or lower • 25%
Ranked highest • 25%
Ranked second • 25%
Ranked third • 25%
Both tied for 1st • 25%
Other Competitor 1st • 25%
Coupang 1st, Alibaba-E-Mart 2nd • 25%
Alibaba-E-Mart 1st, Coupang 2nd • 25%
Revenue grows <10% • 25%
Revenue grows 10-20% • 25%
Revenue grows >20% • 25%
Revenue declines • 25%
Other platform becomes No. 1 • 25%
11Street becomes No. 1 • 25%
Alibaba-E-Mart becomes No. 1 • 25%
Coupang remains No. 1 • 25%
Expanding market share • 25%
Technological innovation • 25%
Customer service enhancement • 25%
Logistics and supply chain improvements • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Coupang • 33%
Other Competitor • 34%
Alibaba-E-Mart • 33%