EBay explores strategic alternatives for South Korean business – Latest News

EBay Inc stated it has began a course of to discover a variety of strategic alternate options for its South Korean enterprise, which incorporates Gmarket, one of many largest on-line marketplaces within the nation.

The Korea Financial Each day, a Seoul-based newspaper, reported in March final yr that the e-commerce agency was trying to promote its South Korean unit in a deal that might fetch practically $5 billion.