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Jun 24, 2021 · Logos of Shinsegae and eBay. Shinsegae Group's Emart has agreed to buy eBay Korea. [NEWS1] Emart is acquiring 80 percent of eBay Korea for 3.44 trillion won ($3.05 billion), significantly raising its presence in the market and becoming a top-ranked e-commerce player overnight.
Jan 19, 2022 · The e-commerce company officially changed its name to Gmarket Global on Tuesday, and is in the process of changing its websites and necessary documents. Emart acquired 80.01 percent of eBay Korea for 3.44 trillion won ($2.9 billion) last November, becoming its largest shareholder.
Nov 15, 2021 · November 15, 2021 Ina Steiner. 24. eBay completed the sale of 80% of its eBay Korea unit to Emart for approximately $3 billion. eBay will retain a 19.99% interest in the Korean businesses, including G-Market, IAC and G-9.
Jun 24, 2021 · June 24, 2021. Emart to Acquire eBay's Businesses in Korea. - eBay and Emart reach an agreement for the purchase of eBay's Businesses in Korea. - eBay would sell 80.01% interest in its Korean Businesses including G-Market, IAC and G-9 to Emart and retain a 19.99% interest.
