eBay Is Flush with Cash, Adds $5B to Coffers This Week
eBay is flush with cash this week. It sold an 80% share of its eBay Korean unit for $3 billion on Sunday, and today it announced it sold over 134 million shares in Adevinta ASA […]
Tag: eBay Korea
eBay Completes Majority Sale of eBay Korea for $3 Billion
eBay completed the sale of 80% of its eBay Korea unit to Emart for approximately $3 billion. eBay will retain a 19.99% interest in the Korean businesses, including G-Market, IAC and G-9. After caving to […]
eBay to Jettison 80 Percent of Its Korean Marketplaces Business
eBay entered into an agreement with Emart, which will acquire 80% of eBay’s businesses in Korea for $3 billion in gross cash proceeds. The deal puts the implied value of the whole Korean Business at […]
eBay to Sell Korean Marketplace for $3.6 Billion
Reuters is reporting that eBay has found a buyer for its Korean marketplace, part of the downsizing of eBay Inc. that resulted from a campaign by activist investors that began in January 2019. Citing Euromonitor, […]
eBay May Sell Off Another Division
After selling its Stubhub ticket marketplace and online classifieds business, eBay appears to be ready to jettison yet another division: eBay Korea. There had been reports since the spring that eBay was looking for a […]
eBay Uses Delivery Lockers in Korea
eBay uses delivery lockers in Korea, just one of the ways it acts more like Amazon there than in the US, though even here its eBay.com marketplace is transitioning to the Amazon model. We’ve previously […]
Take a Guess at eBay Korea’s Top Export Category
It’s not surprising eBay Korea has a strong export business, but what might be surprising is the top-selling product category for exports – cosmetics. eBay Korea announced its top 10 online export categories for 2014, […]