EBay explores strategic alternatives for South Korean business – Latest News

EBay Inc said it has started a process to explore a range of strategic alternatives for its South Korean business, which includes Gmarket, one of the largest online marketplaces in the country.

The Korea Economic Daily, a Seoul-based newspaper, reported in March last year that the e-commerce firm was looking to sell its South Korean unit in a deal that could fetch nearly $5 billion.

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