eBay Explores Possibility of Selling Korean Businesses Including Gmarket and Auction
[Asia Economy Reporter Yuri Kim] Bloomberg reported on the 20th that eBay is exploring the possibility of selling its online business in South Korea.
eBay stated, "We have initiated a process to evaluate, review, and explore a wide range of strategic alternatives for our Korean business," adding, "We are considering options to maximize shareholder value and create future growth opportunities for the business."
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eBay Korea currently operates Gmarket and Auction in South Korea. Bloomberg explained that eBay has a total of 183 million active users, with about 11% of its annual revenue coming from South Korea.
This content was produced with the assistance of AI translation services.
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