SEOUL, Dec 26 (Reuters) - South Korean retailer
Shinsegae Group plans to set up a joint venture with
Alibaba International, Yonhap reported on Thursday.
AliExpress Korea and Shinsegae's e-commerce platform Gmarket
will be incorporated into the joint venture, which will be set
up in 2025. But the two platforms will continue to be operated
independently, Yonhap said citing Shinsegae.
A Shinsegae spokesperson could not be immediately reached
for a comment.