eBay gets approval to acquire Gmarket
US based ecommerce company eBay has received approval from the South Korea’s antitrust watchdog to acquire Gmarket.
The approval came with certain conditions like commission freeze for the next three years.
The deal would enable eBay to become a major player in South Korea’s online shopping market.
eBay is acquiring Gmarket [...]

eBay acquires controlling stake in Gmarket
US based online auction industry giant eBay has announced that they are now acquiring a controlling stake in South Korean online retailer Gmarket.
The deal is worth around $413 million which comes to a premium of 32.5 percent at current market price of the company.
With this, eBay gets to become [...]

eBay gets permission to acquire Gmarket
US based online auction service eBay has now received permission from the South Korea government to acquire Gmarket.
Gmarket is the leading online auction and shopping service in the country.
eBay is now authorized to buy a 36 percent stake in Gmarket from Interpark.
Interpark chairman Lee Ki-Hyung spoke about this new development: [...]