S. Korean retailers Shinsegae and Lotte tender to acquire eBay Korea

2021-06-07 13:30:00

According to retail industry sources, South Korean retail giants Shinsegae and Lotte Shopping submitted bids to acquire eBay Korea, South Korea's third-largest e-commerce retailer.

The two retail giants submitted letters of intent to eBay's South Korean subsidiary, SK Telecom, and MBK Partners, a private equity firm and the largest shareholder of discount chain Homeplus. (Yonhap News Agency)

Shinsegae LOTTE aBay South Korea

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