GS Retail's e-commerce business is questioned

" a GS Retail official said. But its money losing e-commerce business was the biggest culprit behind GS Retail's deteriorating bottom line. The firm posted an operating loss of 27 billion won from GS Fresh Mall but the firm's bottom line has deteriorated. GS Retail's convenience store business achieved an operating profit of 31.6 billion won in the fourth quarter of 2021 GS Retail hopes to create synergy between its convenience stores 000 stores across the country as a logistics base for 8 million users on the food delivery platform. This will give the company a shot at the coveted No.1 position in the market currently led by Baedal Minjok. "GS Retail's sluggish performance in its main convenience store business has been protracted longer than expected. Here GS Retail needs to create synergy between its affiliates through the e-commerce channels that it has been preparing since last year." the company needs to diversify its products sold at convenience stores to reduce the gap with its competitors. In the long run GS Retail has only just begun unifying its various retail channels. As the retail company was a late entrant to the mergers and acquisitions market last year 000 GS25 convenience stores GS Retail's e-commerce business is questioned By Kim Jae-heun GS Retail it wants to prepare well before launching a combined online mall. It spent 1 trillion won