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

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

Source: TechMeme
Source Link: http://www.techmeme.com/241226/p4#a241226p4