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Yahoo giving up its Gmarket stake to eBay

Carol Ko | April 16, 2009
Selling its one-tenth share in South Korean e-commerce marketplace

Through the combined businesses, eBay is expected to offer both Gmarket and IAC sellers the tools for quick, simultaneous listings across both platforms. eBay also expects the combination with Gmarket to provide a potential platform for further expansion within Asia.

Since its inception in 1995, eBay has acquired PayPal, Skype, and Shopping.com.

 

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