South Korea’s Richest 2019: Shinsegae’s Stock Drops 38% As Retailer Faces Stiff Online Competition
The specter of online shopping is haunting Korea’s giant Shinsegae group and its billionaire vice chairman Chung Yong-jin, who runs Shinsegae, Korea’s second-largest retailer after Lotte by sales, and mass-market retail subsidiary E-mart.
By Donald Kirk
Forbes
Jul 9, 2019