, Korea

Shinsegae-led consortium wins eBay Korea bidding

This will mark the largest M&A deal in the country in H2 2021.

A Shinsegae-led consortium has been picked as the preferred bidder for eBay Korea, beating its local rival Lotte Shopping, Yonhap reported based on industry sources.

The Shinsegae-Naver consortium reportedly offered some $4b (KRW4t) to take over the Korean unit of the second-largest e-commerce player in the US. Naver, the country's top internet portal operator, will fund 20% of the bidding price, according to the sources.

The announcement came after eBay's board discussed the issue in the US. Shinsegae and eBay Korea will continue negotiating the details of the deal, which will mark the largest merger and acquisition (M&A) in the country in the second half of the year.

The Korean unit of eBay runs e-commerce platforms, such as Gmarket and Auction. Shinsegae and Lotte Shopping have competed to buy eBay Korea since the third-largest e-commerce operator was put on the selling block last January.

Lotte and Shinsegae's market shares in the country's e-commerce sector are estimated at 5% and 3%, respectively. Meanwhile, eBay Korea takes up about 12% of South Korea's e-commerce market after Naver's 18% and Coupang's 13%
 

Follow the link s for more news on

Kawan Lama Indonesia mengaburkan batas antara belanja online dan offline

Pengunjung  platform e-commerce grup, Ruparupa.

K3Mart memadukan budaya Korea dan produk UMKM lokal dalam satu gerai

Convenience store itu menyediakan perbandingan produk impor dan produk lokal sebesar 50:50 di 30 outlet mereka.

Meningkatkan penelusuran dan efisiensi manajemen inventaris dengan barcode 2D GS1

Barcode 2D ini berfungsi sebagai penyimpanan data yang kompak.

The Coffee Bean & Tea Leaf menyeimbangkan kualitas dan kenyamanan melalui produk ritel

Mereka memperluas rangkaian produk termasuk berbagai kopi single-origin yang disesuaikan dengan preferensi pemanggangan yang berbeda.

KCG menguasai brand positioning untuk segmen premium di Indonesia

Mereka mengadopsi solusi berbasis teknologi terbaru untuk sukses mengelola 92 toko ritel di 20 kota di Indonesia.

Ini alasan brand-brand mewah meningkatkan investasi AI

Sektor ini telah menginvestasikan lebih dari $360 juta dalam AI selama tiga tahun terakhir.

Bacha Coffee menguasai retail kaya sensorik di Jakarta

Memadukan warisan dan kemewahan, Bacha Coffee Plaza Senayan menghadirkan pengalaman unik bagi pecinta kopi Indonesia.

Bagaimana WCT Malls meningkatkan penjualan tenant melalui pemasaran terarah

Melalui pemasaran terarah, mal ini meningkatkan penjualan tenant dan tingkat okupansi.