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The 190,000-square-metre logistics park, fully leased to e-commerce operator SSG.com, transfers from foreign pension backing to South Korea’s National Pension Service.
Shinsegae Group will launch a brand new entity that specializes in e-commerce next month in an effort to become Korea’s answer to Amazon. Titled SSG.com, Choi Woo-jung, vice president of Shinsegae’s e-commerce division, will be the CEO. “[Through the new…
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