Alibaba Group's AliExpress said Tuesday it will step up marketing campaigns in South Korea with an aim of securing more than half of online shopping platform users in South Korea within three to five years. In a press conference held in Hangzhou, AliExpress Korea Chief Executive Ray Zhang announced the target for the Korean market, which is dominated by local e-commerce giant Coupang Inc. The Chinese e-commerce retail platform has aggressively promoted about 150 million products at competitive prices since last year for a bigger share in the Korean e-commerce markets. As of August, AliExpress had ranked third in terms of number of monthly active users with 6.69 million, following Coupang's 13.38 million and 11Street Co.'s 7.68 million. Source: Yonhap News Agency
AliExpress vows to step up marketing blitz in S. Korea
Recent News
Taiwan Brokerage Accounts Reach Record 14.6 Million in July
August 3, 2026
Taiwan Shares Close Up 0.62% on Monday
August 3, 2026
Taiwan Tech Stocks Surge as AI Concerns Ease
August 3, 2026
U.S. Dollar Surges Past NT$32.4 Due to Fund Outflows
August 3, 2026