EBay’s Big Turkish Bet

Turkey in the middle of an online auction boom; now eBay has a big part of the action thanks to a local giant they’ve had a long relationship with. Auction giant eBay has committed themselves to the Turkish market by purchasing a 93% stake in local site GittiGidiyor , which has more than 6.4 million registered users. Ebay was previously a minority shareholder in GittiGidiyor.Terms of the deal were not disclosed

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EBay’s Big Turkish Bet