Alibaba has committed $1.1 billion towards investments in South Korea over the next three years to establish a logistics center. AliExpress’ monthly active users in South Korea have doubled ...

Shinsegae Group and Alibaba International will form a joint venture in 2025 to run their respective e-commerce sites, Gmarket and AliExpress Korea, as the Korean and Chinese retail giants seek to ...

The announcement came a day after the Chinese government pledged increased support for industries including AI.