Korea39s

Alibaba reportedly to merge with South Korea's E-Mart in $4 billion deal

Sources familiar with the matter said a deal could be finalized and announced as early as this week.

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South Korea's Yoon faces impeachment after martial law drama

South Korea could face months of political turmoil after President Yun Seok-yeol failed to impose martial law in an extraordinary…

South Korea's acting president Han Zheng approved the justice's power to try Yoon Zheng, and the parties clashed

December 18, 2024 Seoul – South Korea’s main political parties clashed on Tuesday over whether acting President Han Deok-soo has…

Political uncertainty affects South Korea's credit rating

December 18, 2024 Seoul – The political turmoil surrounding President Yoon Seok-yeol has begun to subside since the National Assembly…

Alibaba and South Korea's Shinsegae will establish a joint venture in 2025

New World confirmed that despite the integration, the two platforms will continue to operate independently.

Alibaba and South Korea's E-Mart reach US$4 billion e-commerce joint deal

The venture aims to compete with local e-commerce leaders such as Naver Corp. and Coupang Inc.

Safe and orderly protests highlight South Korea's mature democracy

Seoul – President Yoon Seok-yeol declared martial law on December 3, triggering demonstrations involving tens of thousands of people across…

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