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eBay Acquires Turkish Marketplace GittiGidiyor

eBay is announcing the acquisition of Turkish auction marketplace GittiGidiyor. The deal follows eBay’s acquisition of a minority stake in the company in 2007. With the new investment, eBay now owns approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed. Launched in, 2001, GittiGidiyor …

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EBay raises stake in Turkish auction site – Reuters

Hurriyet Daily News EBay raises stake in Turkish auction siteReutersNEW YORK (Reuters) – EBay Inc will buy more shares in Turkish online auction site GittiGidiyor, going from a minority owner to holding 93 percent of shares. EBay first invested in GittiGidiyor, which has 6.4 million users and employs 150 people, …

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eBay Buys Majority Stake In Turkish Site

eBay’s international presence is growing larger in a significant way today. eBay announced this morning that it’s taking control of GittiGidiyor, a company that was founded in 2001 and qualifies as the leading online marketplace in Turkey. eBay now owns … Continue reading → More: continued here

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