Orion and Suhyup Launch $60M JV to Globalize K-Seafood

Orion and Suhyup Launch $60M JV to Globalize K-Seafood

Orion and the National Federation of Fisheries Cooperatives (Suhyup) are jointly investing $60 million to establish a new venture, aiming to take K-Seafood to the global stage. Orion and Suhyup Target Global Seafood Market Orion and Suhyup will invest KRW 60 billion (approx. $60 million) to create a joint venture, “Orion Suhyup.” This marks a … Read more

Gmarket–Ali JV Launches Under Conditional Approval

Gmarket–Ali JV Launches Under Conditional Approval

Korea’s Fair Trade Commission conditionally approved the Gmarket–Alibaba joint venture. With strict data separation rules and global expansion plans, the JV could reshape Korea’s e-commerce landscape. Conditional Approval for Gmarket–Ali JV On Sept. 18, the Korea Fair Trade Commission approved the joint venture “Grand Opus Holding” under conditions. The JV will jointly manage Gmarket, Auction, … Read more