Kang Hee-seok, CEO of E-Mart.

Kang Hee-seok, CEO of E-Mart.

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[Asia Economy Reporter Jeon Jinyoung] Emart announced its ambition to dominate the distribution market by building an integrated online-offline ecosystem based on its offline competitiveness.


On the morning of the 29th, Emart held its regular shareholders' meeting at the main auditorium of its headquarters in Seongdong-gu, Seoul. Emart CEO Kang Heeseok said in his greeting, "We will maximize the high growth potential of online by optimizing Emart store spaces and significantly expanding large PP centers through the reallocation of online and offline assets," adding, "We will implement digital shopping at customer touchpoints and enhance customer benefits through integrated online-offline membership."


CEO Kang emphasized, "We will improve work productivity by realizing data-driven smart work," and "Above all, we will firmly create a successful momentum for the Emart ecosystem based on the synergy from integration with Gmarket Global."


In addition, he pledged ▲ to rebound existing business performance through increased customer loyalty and cost structure innovation ▲ and bold investment execution. He said, "Traders will continue to open stores in the mid to long term and upgrade its business structure by introducing membership to solidify its position as a core profit source," and "No Brand will strengthen cost-effectiveness and product assortment."



At the shareholders' meeting, Emart approved ▲ the financial statements and ▲ the determination of the director remuneration limit, among other matters.


This content was produced with the assistance of AI translation services.

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