Urgent.News

What's breaking now, across thousands of outlets.

Business

Korean e-commerce platform SSG.com to spin off beauty, lifestyle biz

SSG.com Corp., a major Korean e-commerce platform, plans to spin off its beauty, fashion and lifestyle business, seven years after its establishment, the company said Thursday. The decision has been approved at a board meeting held on the same day, with the final separation date set for Dec. 1, SSG.com said. The e-commerce platform was created in 2019 by merging the online divisions of E-Mart…

Korean e-commerce platform SSG.com to spin off beauty, lifestyle biz

We haven't written up this one. The Korea Times has the full story — the link below goes straight to it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

More in Business

Qatar PM heads to Tehran seeking to discuss Strait of Hormuz

Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman, is travelling to Tehran in an attempt to revive negotiations between Iran and the US and discuss the management of the Strait of Hormuz. Thursday's visit comes as a war that has now continued for six months remains deadlocked after the US government imposed a sweeping new set of…

More from Thursday 27 August →