{"id":3130,"date":"2009-04-17T23:39:32","date_gmt":"2009-04-17T14:39:32","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=3130"},"modified":"2009-04-17T23:39:32","modified_gmt":"2009-04-17T14:39:32","slug":"now-ebay-acts-to-capture-the-flag-in-the-far-east","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2009\/04\/now-ebay-acts-to-capture-the-flag-in-the-far-east\/","title":{"rendered":"Now eBay Acts To Capture The Flag In The Far East"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3150\" title=\"eBay's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/ebay_logo.gif\" alt=\"eBay's Logo\" width=\"110\" height=\"45\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3151\" title=\"Gmarket's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/gmarket_logo.gif\" alt=\"Gmarket's Logo\" width=\"177\" height=\"51\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3154\" title=\"Auction(IAC)'s Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/auction_logo.gif\" alt=\"Auction(IAC)'s Logo\" width=\"131\" height=\"58\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3152\" title=\"Yahoo's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/yahoo_logo.gif\" alt=\"Yahoo's Logo\" width=\"206\" height=\"42\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3153\" title=\"Interpark's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/interpark_logo.gif\" alt=\"Interpark's Logo\" width=\"153\" height=\"62\" \/><br \/>\nOn Wednesday, <a href=\"http:\/\/www.ebay.com\/\">eBay <\/a>announced it had agreed to take over <a href=\"http:\/\/global.gmarket.co.kr\/\">Gmarket<\/a>, a South Korea&#8217;s e-commerce marketplace.\u00a0\u00a0 The company&#8217;s shareholders, <a href=\"http:\/\/www.yahoo.com\">Yahoo U.S.<\/a> and Korea&#8217;s <a href=\"http:\/\/www.interpark.com\">Interpark[K]<\/a> also reportedly agreed to sell their Gmarket shares to eBay.<br \/>\nBy merging Gmarket with eBay&#8217;s Korean local subsidiary called <a href=\"http:\/\/www.auction.co.kr\">Auction (IAC)[K]<\/a>, e-Bay expects to get ahead and to keep aggressive position in the country&#8217;s e-commerce market.\u00a0\u00a0 IAC is specifically focusing on computer products and electronic devices, and it handled the total brokerage amount for USD2.2B and earned USD161.2M revenue in the last fiscal period.\u00a0\u00a0 Gmarket is focusing on selling fashion items, and the company dealed with items for USD3.2B and earned USD 220.8M in the period.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3155\" title=\"eBay Japan's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/ebayjapan_logo.gif\" alt=\"eBay Japan's Logo\" width=\"151\" height=\"45\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3156\" title=\"Netprice.com's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/netprice.gif\" alt=\"Netprice.com's Logo\" width=\"180\" height=\"47\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3157\" title=\"Sekaimon's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/04\/sekaimon_logo.gif\" alt=\"Sekaimon's Logo\" width=\"153\" height=\"56\" \/><br \/>\nIn Tokyo, eBay also re-launched a local site &#8220;<a href=\"http:\/\/ebay.co.jp\/\">ebay.co.jp[J]<\/a>&#8221; on April 1st.\u00a0\u00a0 In the timeline, nine years ago, eBay entered Japan in partnership with <a href=\"http:\/\/www.biglobe.ne.jp\/\">NEC Biglobe[J]<\/a>, Japan&#8217;s second largest ISP with over 5 million subscribers.\u00a0\u00a0 However, in spite of the fifteen-month-efforts to engage more users and to defeat <a href=\"http:\/\/intl.auctions.yahoo.co.jp\">Yahoo Japan&#8217;s auction site<\/a>, eBay Japan site was forced to shut down for the lack of revenue.<br \/>\nIn late 2007, in association with Tokyo-based conglomerete <a href=\"http:\/\/www.netprice.com\/english\/index.html\">netprice.com<\/a> and <a href=\"http:\/\/www.yahoo.co.jp\">Yahoo Japan[J]<\/a> which used to be a rival, eBay launched the website called <a href=\"http:\/\/www.sekaimon.com\">Seikaimon[J]<\/a> for encouraging Japanese online shoppers to use eBay.com, by translating item introductions into Japanese and surrogating customs processing for importing items purchased(see <a href=\"http:\/\/asiajin.com\/blog\/2007\/12\/04\/ebay-shakes-hands-with-yahoo-japan\/\">Akky&#8217;s this previous article<\/a> and <a href=\"http:\/\/asiajin.com\/blog\/2008\/12\/15\/yahoo-japan-launches-english-version-of-their-auction-site\/\">Arai&#8217;s this article<\/a> for more details).\u00a0 \u00a0 eBay.co.jp is a new entrance to the website described, and it&#8217;s not an auction site but provides translated indexes to each items listed on eBay.com, telephone assistance service in Japanese and video webinars for better biding.<br \/>\n<strong>See Also:<\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/files.shareholder.com\/downloads\/EBAY\/615093103x0x287436\/11e70fb5-0d08-425f-ac17-4b55f98bcb76\/Grocer_Press_Release_Draft_27_April_16_2009.pdf\">eBay to Expand Asian Operations Through Combination with Gmarket, Korea\u2019s Largest Online Marketplace<\/a><\/li>\n<li><a href=\"http:\/\/yhoo.client.shareholder.com\/press\/releasedetail.cfm?ReleaseID=377617\">Yahoo! Agrees to Tender Its Stake in Gmarket to eBay<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, eBay announced it had agreed to take over Gmarket, a South Korea&#8217;s e-commerce marketplace.\u00a0\u00a0 The company&#8217;s shareholders, Yahoo U.S. and Korea&#8217;s Interpark[K] also reportedly agreed to sell their Gmarket shares to eBay. By merging Gmarket with eBay&#8217;s Korean local subsidiary called Auction (IAC)[K], e-Bay expects to get ahead and to keep aggressive position&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2009\/04\/now-ebay-acts-to-capture-the-flag-in-the-far-east\/\">Continue reading <span class=\"screen-reader-text\">Now eBay Acts To Capture The Flag In The Far East<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[17,20],"tags":[339,1028,1029,1381,1610,1719,2555,3267,4151],"class_list":["post-3130","post","type-post","status-publish","format-standard","hentry","category-japan","category-korea","tag-auction","tag-ebay","tag-ebay-japan","tag-gmarket","tag-iac","tag-interpark","tag-netpricecom","tag-sekaimon","tag-yahoo","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/3130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=3130"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/3130\/revisions"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=3130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=3130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=3130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}