News

Technology News

EBay And Gmarket To Expand In Asian Markets

Monday, May 10, 2010 5:14:00 AM PDT | VentureDeal Staff

San Jose, California  --  Online marketplace company eBay (NASDAQ: EBAY) has announced its expansion plans with its e-commerce subsidiary Gmarket.

The agreement will strengthen eBay's presence in Japan and Singapore, where the company expects the market to grow by 30% and 13% respectively between 2009 and 2012.

Gmarket founder Young Bae Ku will be chief executive officer for a new entity that will drive the vision for Gmarket's future growth.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.