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eBay to Acquire Korean Commerce Site Gmarket

Authored by Jay Baage on April 17, 2009 - 10:35am.
San Jose, Calif. - Hoping to sharply boost its business in Korea, online auction giant eBay said that it will pay up to $1.2 billion to acquire Korean e-commerce site Gmarket.
tags: Korea | eBay | Investing | IAC | eals | Gmarket |