Home / ebay / EBay buys Korean rival’s stake for $413 million: report (Reuters via Yahoo! News)

EBay buys Korean rival’s stake for $413 million: report (Reuters via Yahoo! News)

EBay Inc has agreed to buy a controlling stake in South Korean online retailer Gmarket Inc for $413 million, at a 32.5 percent premium, news service eDaily reported on Monday.

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