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Market
Which e-commerce platform will be No. 1 in South Korea by market share by end of 2025?
3
Resolution / Starting Odds
Coupang remains No. 1 • 25%
Alibaba-E-Mart becomes No. 1 • 25%
11Street becomes No. 1 • 25%
Other platform becomes No. 1 • 25%
Market share reports from industry analysts or financial publications
Story
Alibaba Nears $4 Billion Deal to Merge South Korean E-Commerce Operations With E-Mart, Competing Against Coupang
Dec 26, 2024, 06:40 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 discussions have been confirmed by multiple sources familiar with the matter, including Bloomberg News and local media outlets. The merger is expected to bolster Alibaba's presence against local competitors such as Coupang.
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Similar markets
Top 1 • 25%
Below Top 3 • 25%
Top 3 • 25%
Top 2 • 25%
Other Competitor 1st • 25%
Alibaba-E-Mart 1st, Coupang 2nd • 25%
Coupang 1st, Alibaba-E-Mart 2nd • 25%
Both tied for 1st • 25%
Alibaba-E-Mart • 33%
Coupang • 33%
Other Competitor • 34%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
11st • 25%
Coupang • 25%
Gmarket • 25%
Other • 25%
Carvana • 25%
Other • 25%
Vroom • 25%
Amazon • 25%
Carvana has largest share • 33%
Amazon Autos has largest share • 33%
CarMax has largest share • 33%
No significant reaction • 25%
Launch new partnerships • 25%
Other strategic moves • 25%
Increase marketing spend • 25%
Below $2 billion • 25%
$2 billion to $3 billion • 25%
$3 billion to $4 billion • 25%
Exceeds $4 billion • 25%