South Korean retailer Shinsegae Group plans to form a joint venture with Alibaba International, incorporating Gmarket and AliExpress Korea. Shinsegae will invest its 100% stake in Gmarket into the joint venture, which is set to be established in 2025. Despite the partnership, Gmarket and AliExpress Korea will remain separate entities, operating independently.
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MAGA and the End of Empire
The article discusses how the "MAGA" movement may lead to the decline of the American empire, highlighting the importance of cultural and strategic dominance in maintaining peace and prosperity globally. It mentions historical empires that brought peace and innovation, contrasting them with Trump's actions that threaten the global system created by the US after WWII, including withdrawing from international agreements and organizations. The author criticizes Trump's decisions, such as imposing tariffs and exiting climate agreements,...
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