Thursday, December 26, 2024

Alibaba agrees to merge its South Korean operations with E-Mart's Gmarket, creating a 50-50 joint venture; sources say the new company could be valued at ~$4B (Manuel Baigorri/Bloomberg)

Manuel Baigorri / Bloomberg:
Alibaba agrees to merge its South Korean operations with E-Mart's Gmarket, creating a 50-50 joint venture; sources say the new company could be valued at ~$4B  —  - Companies announce JV deal in Korea, confirming earlier report  — Alibaba seeks inroads abroad as growth slows in China



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...