Alibaba and E-Mart to form a joint venture in a $4bn deal.

Synopsis

Alibaba, a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, and E-Mart, the largest retailer in South Korea, agreed to form a joint venture in a $4bn deal.

Principals

target

Alibaba / E-mart Joint Venture

bidder

Alibaba Group Holding

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