S Korea's Naver in alliance talks with Emart to counter rise of Coupang

S Korea's Naver in alliance talks with Emart to counter rise of Coupang

REUTERS/Josh Smith

South Korea’s internet giant Naver is in talks to form a capital alliance with retailer Emart to counter the meteoric rise of Coupang, the e-commerce leader that made a blockbuster IPO in New York last week.