Tag: ebay korea

ebay korea

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Emart's net profit rises 681 percent in the third quarter

Emart reported 937 billion won ($790 million) in consolidated net profit in the third quarter, up 681 percent on year, according to the company’s preliminary report announced on Friday.

2021.11.11

Shinsegae Group, which runs Emart, and eBay logos [NEWS1]

FTC approves Emart acquisition of eBay Korea

The Fair Trade Commission (FTC) approved Emart’s share acquisition of eBay Korea on Friday.

2021.10.29

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Logos of Shinsegae and eBay. Shinsegae Group's Emart has agreed to buy eBay Korea. [NEWS1]

Emart buying eBay Korea for $3 billion

Emart is acquiring 80 percent of eBay Korea for 3.44 trillion won ($3.05 billion), significantly raising its presence in the market and becoming a top-ranked e-commerce player overnight.

2021.6.24

EBay Korea headquarters in Gangnam, southern Seoul, on June 17. [YONHAP]

Naver drops partial bid for eBay Korea

Naver walked away from a consortium trying to acquire eBay Korea.

2021.6.22

EBay Korea headquarters in Gangnam, southern Seoul, on June 7. [NEWS1]

Emart wins bid for eBay Korea, reports say

A consortium led by Emart has been named the preferred bidder for eBay Korea, according to local media reports on Wednesday.

2021.6.16

Kakao shopping on KakaoTalk messaging app [KAKAO COMMERCE]

Kakao, favored bidder for eBay Korea, sits this one out

When eBay Korea put itself on the block in January, Kakao seemed to be one of the most promising bidders as it does battle in the highly-competitive e-commerce market.

2021.3.19

eBay Korea, which is currently up for sale, is improving its online shopping experience with its Smile services. [eBay Korea]

eBay Korea puts 'Smile' on users faces with its services

Competition for the acquisition of eBay Korea, one of the leading e-commerce retailers in Korea, is beginning to heat up as major retail and IT firms including Kakao and Shinsegae are stepping forward as potential bidders...

2021.3.8