Alibaba Group Holding Ltd. announced a strategic partnership with South Korean retail giant Shinsegae on January 04, 2026. The two companies signed a Memorandum of Understanding (MOU) to boost e-commerce expansion, specifically aiming to enhance global sales of Korean products. This collaboration underscores Alibaba's continued focus on strengthening its international market presence and cross-border e-commerce capabilities, as reported by outlets including BusinessKorea and Korea Times.