EBay in joint venture to grow Gmarket in Asia – The Associated Press

EBay in joint venture to grow Gmarket in AsiaThe Associated PressSAN FRANCISCO — EBay Inc. and the founder of Gmarket, a South Korean online marketplace that eBay bought last year, said Thursday that they are forming a …eBay and Gmarket Founder Plan Asia Expansion Through Joint VentureMarketWatch (press release)EBay, Gmarket's …

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EBay

EBay , an online auction site, will take a 49% stake in a joint venture with Gmarket of South Korea to expand Gmarket’s online business in Japan and Singapore. Shares rose. More: continued here

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