GS Home Shopping Makes Forays into Russia
GS Home Shopping Makes Forays into Russia
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2015.07.24 10:36
  • 댓글 0
이 기사를 공유합니다

Huh Tae-soo, vice chairman of GS Home Shopping, called for the establishment of Korea's home shopping business model on the basis of global home shopping standards during the global sales conference held last year.

After ten years of focusing on quantitative growth in overseas business, GS Home Shopping is now shifting focus toward achieving qualitative growth. GS Home Shopping took its entry into the Russian market as a starting point in this strategic shift.

Huh said, "We will make this year as the first year of achieving profits in overseas business. By entering the Russian market, we expect the amount of transactions we handle to exceed 2 trillion won within the next two to three years."

The home shopping company announced on July 22 that it decided to set up a joint venture with Russia's largest state-run telecom company Rostelecom. This will be the first time among Korean home shopping channels to make entry into the Russian market.

The joint venture, with the paid-in capital of US$20 million which will be financed on a 40:60 basis by GS Home Shopping and Rostelecom, will launch a home shopping TV channel service from next year.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • URL: www.koreaittimes.com / m.koreaittimes.com. Editorial Div. 02-578-0434 / 010-2442-9446. Email: info@koreaittimes.com.
  • Publisher: Monica Younsoo Chung. CEO: Lee Kap-soo. Editor: Jung Yeon-jin. Juvenile Protection Manager: Yeon Choul-woong.
  • IT Times Canada: Willow St. Vancouver BC, Canada / 070-7008-0005.
  • Copyright(C) Korea IT Times, Allrights reserved.
ND소프트