Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes 
APEX Tech Acquisition Inc. Raises $111.97 Million in NYSE IPO Under Ticker TRADU 
Flare, Xaman Roll Out One-Click DeFi Vault for XRP Yield via XRPL Wallets 
FAA Plans Flight Reductions at Chicago O’Hare as Airlines Ramp Up Summer Schedules 
Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors 
AWS Data Center in UAE Hit by Fire After Objects Strike Facility Amid Regional Tensions 
Global Markets Reel as Euro Falls, Swiss Franc Surges and Oil Prices Spike After U.S.-Israel Strike on Iran 
Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock 
FedEx Faces Class Action Lawsuit Over Tariff Refunds After Supreme Court Ruling 
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea 
Boeing Secures $166.8 Million U.S. Navy Contract for P-8A Engineering and Software Support 
Middle East Airspace Shutdown Disrupts Global Flights After U.S.-Israel Strikes on Iran 
OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO 
Venezuela Oil Exports to Reach $2 Billion Under U.S.-Led Supply Agreement 
Australian Dollar Rallies on Hawkish RBA Outlook; Yen Slips as BOJ Faces Political Pressure 
Japan Manufacturing PMI Jumps to Four-Year High as Global Demand Strengthens 
Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran 
SK is said to be considering a partnership with Lotte and compete with the leaders in the e-commerce market. It was also said that the company is mulling on approaching the shopping company as it is one of the options to survive in the competitive e-commerce market in South Korea.
SK looking to catch up with the big players
As per The Korea Times, if Shinsegae completes its acquisition of stakes in eBay Korea, the e-commerce business in the country is bound to change. Three major players will dominate the market, and these are Naver, Shinsegae, and Coupang.
The no. 1 today is Naver which enjoys 17% of the market share, while Shinsegae is in second with 15%. In third place is Coupang with 13% and SK is in fourth with just six percent market share and followed by Lotte in fifth place with five percent.
With this ranking, SK thought of joining forces with Lotte so they can merge their power and work together to rise in the rankings after competing against the top three. Moreover, through the collaboration, SK is aiming for further growth potential and challenge the leading players.
"We will open a store within 11st in collaboration with Amazon in July and we will discuss with Lotte and Homeplus various ways of possible cooperation in the second half of this year," Yoon Poong Young, SK Telecom chief finance officer, said last week. "Lotte Group and Homeplus are expected to explore the best possible ways to level up their mutual partnership."
SK Telecom signs deal with Genesys
Meanwhile, SK is not just aiming to expand its business in the e-commerce trade but is also working on other ventures, including artificial intelligence (AI) technology. In fact, it was reported to have signed a partnership with Genesys to launch AI call centers.
SK Telecom revealed earlier today that it teamed up with the American call center technology firm to develop and introduce a call center service powered by AI, according to Yonhap News Agency.
Finally, SK Telecom shared that the deal with Genesys will allow the company to integrate its technologies for cloud-based AI call center service. It is possible that the completed software will be distributed to 10,000 companies in 100 countries that Genesys is servicing.
