According to sources, Chinese e-commerce giant Alibaba Group plans to merge its operations in South Korea with the e-commerce platform of South Korean retailer E-Mart Inc to strengthen its competitiveness in the country’s online retail market. Following the merger, the new entity is expected to be valued at approximately $4 billion. This collaboration will further expand Alibaba’s influence in the global e-commerce sector, while providing E-Mart with stronger technological support and market resources, helping to boost its market share in South Korea.