Apr 15, 2009 10:29 PM
eBay is indeed purchasing a controlling stake in Korean auction site Gmarket, as had been rumored earlier this week. The auction site announced Wednesday that it had offered to buy all of Gmarket’s common shares for $24 a share and combine the site with its own Korean auction business. eBay…
Posted In: E-Commerce, Countries, Asia, Korea, ebay, gmarket
Apr 13, 2009 4:00 PM
Korean online newspaper edaily reports that eBay (NSDQ: EBAY) is close to buying a 34 percent stake in South Korean online auction operator Gmarket Inc., which is owned by publicly traded Interpark Corp. eBay’s CEO visited the company last week and agreed to purchase the stake, though nothing official has…
Posted In: E-Commerce, Media & Publishing, Social Media, Community, Countries, Asia, Korea, ebay, gmarket
Aug 13, 2008 4:25 PM
eBay (NSDQ: EBAY) is in talks to acquire a minority stake in GMarket, a South Korean online auctioneer. The talks are with Interpark Corp., the Korean portal that owns 37 percent of the company. A spokesperson from eBay told AP that there was no certainty a deal would be reached…
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