Qoo10 platforms scramble for takeovers to escape cash crisis

WeMakePrice, TMON and other Qoo10-owned platforms are looking for buyers to unburden themselves from the parent company's liquidity crisis with the CEO's blessing.

2024-08-01

Alibaba to launch South Korean Pavilion exclusively for local sellers

Alibaba.com will launch a new website exclusively for Korean sellers to link up with global purchasers.

2024-07-22

Alibaba Group to invest $1.1 billion in Korea over next three years

China's Alibaba Group, the parent company of the e-commerce platform AliExpress, will invest $1.1 billion in the Korean market over the next three years.

2024-03-14

Chinese giant Alibaba emerges as front-runner to acquire 11st

China's Alibaba is the top contender to acquire SK Square's e-commerce company, 11st, after its failed IPO attempt. The Korean market's growth potential is attracting interest from Alibaba and other players.

2023-09-15

Alibaba Cloud, Korea Indie Game Society to help Korean games go overseas

Alibaba Cloud signed an agreement with the Korea Indie Game Society (KIGS) to help Korean game developers launch their games in overseas markets, especially in Southeast Asia, the tech company said Thursday. Alibaba Cloud, the digital tech ...

2022-10-27

Kurly selling Korean food via Alibaba subsidiary in Singapore

Kurly started selling its Korean food products on RedMart, Singapore’s largest e-commerce marketplace, the retailer said Thursday.

2022-08-11

Alibaba Cloud opens data center in Korea

Alibaba Cloud, the digital tech subsidiary of Chinese e-commerce giant Alibaba, held an opening ceremony for its first data center in Korea Wednesday. “We have launched the Korean data center to meet the needs of Korean clients in their digital ...

2022-03-30