(US): Shopping the world's biggest public sale and e-trade massive eBay has been suggested to be planning to sell its business in South Korea, more than eighty percentage for extra than $ 3 billion USD.
According to Yahoo and Financial Times on June 18, 2021, Ebay will promote 80% of its stake to traders, called E-Mart. A main store in South Korea is likewise interested in buying.
Not handiest E-Mart, but also Naver Corporation, one among Korea's main tech companies, is interested by buying a stake in Ebay, however each companies have expressed despair that they're proper. Negotiated with Ebay, however no formal settlement.
The Korea Economic Daily reviews that some of involved buyers, consisting of local and overseas banks, have met with Ebay, however the negotiations have not been absolutely fine, as Ebay has now not showed its aim to promote shares. No.
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