EBay looking to sell South Korean unit including Gmarket asset

EBay looking to sell South Korean unit including Gmarket asset

An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/BECK DIEFENBACH

EBay Inc is looking to sell its South Korean unit, which includes Gmarket, one of the largest online marketplaces in the country, in a deal that could fetch nearly $5 billion, a Seoul-based newspaper reported on Tuesday.

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