“Combining CJ O Shopping’s ten million customers and CJ E&M’s 50 million viewers, the merger will take shopping and entertainment experience to the next level,” said CJ O Shopping CEO Heo Min-heoi.

 

CJ E&M CEO Kim Sung-soo stated that “the new company expects 2018 revenue of $6 billion and 75 percent growth to $10 billion by 2021 to become world-leading content and commerce company.”