eBay Korea’s Gmarket and Rakuten team up
eBay Korea’s Gmarket has joined forces with Japan’s Rakuten on a new partnership which the companies say will “boost cross border trade”. Gmarket will launch a flagship store on the Rakuten Ichiba platform that will offer Korean fashion and beauty products to Rakuten’s members.
Rakuten will launch a similar service on Gmarket’s G9, offering Korean consumers the opportunity to buy from Rakuten’s line-up of Japanese merchants.
The retailers will also support each other by providing fulfilment centre space and delivery solutions in their respective home countries.
According to a notice posted on eBay site yesterday (10 May): “When a consumer purchases a product on their local site, the order will be processed in a fulfilment centre in the merchant’s home country and products will be delivered directly to the consumer.”