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Emart Inc.

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Emart's Q2 Net Loss Widens Due to Starbucks Korea Promotional Controversy

3 hours agoAI summary

Emart's Q2 Net Loss Widens Due to Starbucks Korea Promotional Controversy

South Korea's Emart Inc. reported a wider Q2 net loss of 136.8 billion won, impacted by equity-method losses from affiliate Starbucks Coffee Korea following a controversial 'Tank Day' promotion.