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In February 2002, eBay exited Japan due to competition from Yahoo! Japan and began operations in Taiwan with the acquisition of NeoCom Technology for $9.5 million. [20] [21] In June 2006, eBay turned over its operations in Taiwan to a joint venture partner. [22] PayPal San Jose Headquarters. eBay acquired PayPal on October 3, 2002 for $1.4 billion.
Qoo10 was founded as a subsidiary of Qoo10 Pte. Ltd., in 2010 by Giosis Pte. Ltd., [4] a joint venture between Gmarket founder Ku Young Bae and eBay. [5] Gmarket was founded in South Korea in 2000 as a subsidiary of Interpark. In December 2007, Gmarket was established in Japan [citation needed]. Gmarket was next established in Singapore in ...
Yahoo! Auctions is a service set up by the online search giant Yahoo! in 1998 to compete against eBay. [2]There are currently only two localizations of the service active in Taiwan and Japan; Yahoo! has discontinued the service in the United States, Canada, Singapore, Hong Kong, United Kingdom and Ireland.
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Mercari, Inc. (TYO: 4385) is a Japanese e-commerce company founded in 2013. [1] Their main product, the Mercari marketplace app, was first launched in Japan in July 2013, and has since grown to become Japan's largest community-powered marketplace with over JPY 10 billion in transactions carried out on the platform each month.
In May 2010, Buy.com was acquired by Rakuten, Inc., the largest e-commerce retailer in Japan, [3] [15] for $250 million in cash. [16] [17] This was considered Rakuten's attempt to enter the American e-retail market, [16] and to compete globally with e-commerce competitors such as Amazon.com and eBay. [3]
As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
eBay Enterprise, Inc. (formerly GSI Commerce, Inc.) was a multinational e-commerce corporation that specialized in creating, developing and running online shopping ...