# Who does E-mart Inc. pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/emart · Facet: suppliers · Updated: 2026-10-20T17:24:00.205+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: E-mart Inc.'s confirmed suppliers/cost counterparties include Starbucks, 오리온, CJ제일제당 plus 5 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 8 cost edges, backed by 6 dated sources, 1 of them primary filings (as of 2026-10-20).

### RB Tentpole Co-Invest (P) Offshore, LP (high)
- metric: Amount $1B · announced 2026-10-06; payment date scheduled 2026-10-03 · Disclosed consideration for STARFIELD PROPERTIES acquiring 100% of RB Tentpole Co-Invest (P) Offshore, LP; not a direct Skydance ownership percentage
- note: STARFIELD PROPERTIES, a U.S. subsidiary within E-mart’s Shinsegae Property chain, disclosed a $1 billion decision to acquire 100% of a Cayman investment vehicle for indirect exposure to newly issued PSKY-WBD merger shares. The 100% refers to the vehicle, not Skydance. Cash remittance, ultimate share count, economic stake, and Warner IP licence terms are not disclosed.
- [confirms] FSS DART (KO, filing, published 2026-10-06) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261006800433: "STARFIELD PROPERTIES acquires 100% of the RB Tentpole vehicle to invest indirectly in new shares issued in connection with the PSKY-WBD merger."
- [confirms] Shinsegae Group Newsroom (KO, ir, published 2026-10-06) https://www.shinsegaegroupnewsroom.com/shinsegae-warner-bros-acquisition-investment/: "The announced investment amount is $1 billion, approximately KRW 1.4 trillion."
- [confirms] Seoul Economic Daily (EN, news, published 2026-10-06) https://en.sedaily.com/finance/2026/10/06/shinsegae-to-invest-1-billion-in-paramounts-warner-bros: "The investment is structured as an indirect purchase of new shares in the merged entity, with Shinsegae Group acquiring a stake in a Cayman Islands-based fund called RB Tentpole Co-Invest."
- [mentions] Skydance Investor Relations (EN, ir, published 2026-10-06) https://ir.paramount.com/node/73476/pdf: "Skydance Corporation ... today announced the completion of its acquisition of Warner Bros. Discovery, Inc."
- [mentions] Shinsegae Group Newsroom (KO, ir, published 2024-10-10) https://www.shinsegaegroupnewsroom.com/new-world-seohaeng-global-ip/: "Shinsegae Hwaseong signed a licensing agreement with Paramount Global."

### Starbucks (high)  → /starbucks.md
- metric: Market share 67.5% · 2021~ · E-Mart stake in SCK
- note: E-Mart became the largest shareholder of Starbucks Coffee Korea (SCK) with 67.5% in 2021. SCK operates about 1,500 Starbucks stores in Korea under license and pays royalties to Starbucks.
- [confirms] GIC (EN, ir, published 2021-07-27) https://www.gic.com.sg/newsroom/all/starbucks-transitions-retail-business-in-south-korea-to-e-mart-and-gic/: "E-Mart increased its stake in Starbucks Coffee Korea to 67.5% and GIC took 32.5%, with E-Mart continuing to operate about 1,500 Starbucks stores in Korea."

### 상품 매입원가 (제조사·벤더, 비공개) (high)
- note: As a retailer, its largest cost is merchandise cost of goods sold, sourced from many manufacturers and vendors. Individual suppliers are undisclosed.
- [confirms] DART E-mart Annual Report (FY2025) (KO, filing, published 2026-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318001024: "The business report discloses a retail cost structure led by cost of goods sold (merchandise purchases) and key sourcing."

### 오리온 (high)  → /orion.md
- note: Choco Pie, Poca Chip and Kkobuk Chip are stocked across E-mart and domestic mass retail; a core domestic channel.
- [confirms] E-mart Mall (SSG.COM) (KO, news, published 2025-01-01) https://emart.ssg.com/item/itemView.ssg?itemId=0000008783898: "Orion Choco Pie 24-count 936g, sold on E-mart mall."

### 물류·점포 운영·인건비 (비공개) (mid)
- note: Logistics and delivery, store leases and operations, and personnel costs are the main components of SG&A. Individual providers and contracts are undisclosed.
- [confirms] DART E-mart Annual Report (FY2025) (KO, filing, published 2026-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318001024: "The business report discloses SG&A including logistics, store operations and personnel costs."

### CJ제일제당 (mid)  → /cj-cheiljedang.md
- note: Collaborates with Shinsegae's retail trio including E-mart, with an E-mart-exclusive Hatban SKU; a core domestic offline channel.
- [confirms] Topdaily (KO, news, published 2024-06-01) https://www.topdaily.kr/articles/99902: "Collaborates with E-mart/SSG.com/Gmarket; the Hatban SKU is sold exclusively at E-mart."

### PepsiCo (low)  → /pepsico.md
- note: E-Mart purchases and sells PepsiCo products such as Pepsi, a carried brand with undisclosed purchase share.
- [confirms] E-Mart Mall (SSG) (KO, ir, published 2026-07-05) https://emart.ssg.com/disp/category.ssg?dispCtgId=6000213428: "E-Mart Mall's carbonated beverage category sells Pepsi products including Pepsi and Pepsi Zero."

### Nestle (low)  → /nestle.md
- note: E-Mart purchases and sells Nestlé products such as Nescafé and Nespresso coffee and confectionery, a carried brand with undisclosed purchase share.
- [confirms] E-Mart Mall (SSG) (KO, ir, published 2026-07-05) https://emart.ssg.com/search.ssg?query=%EB%84%A4%EC%8A%AC%EB%A0%88: "E-Mart Mall's Nestlé brand section sells coffee (Nescafé, Nespresso) and confectionery among many products."

### Coca-Cola (low)  → /coca-cola.md
- note: E-Mart purchases and sells Coca-Cola products in stores and on its online mall, a carried brand with undisclosed purchase share.
- [confirms] E-Mart Mall (SSG) (KO, ir, published 2026-07-05) https://emart.ssg.com/disp/category.ssg?dispCtgId=6000213428: "E-Mart Mall's carbonated beverage category sells Coca-Cola products including Coca-Cola and Coca-Cola Zero."

Reverse side: https://valuechain.wiki/emart/customers.md · Ripple: https://valuechain.wiki/emart/ripple.md

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Full node: https://valuechain.wiki/emart.md · JSON: https://valuechain.wiki/emart.json