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eBay, having failed to catch on in the heavily-wired nation of South Korea, is in talks with Korean site Gmarket. A few days ago, Gmarket announced Q2 sales of nearly $1 billion, which generated $35 million in revenue. Yahoo bought 10 percent of the company in 2006 for approximately $60 million. [NYT]
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Gawker 
Aug 13, 2008 4:00 PM
348
