S.Korea's Naver says pulling out from eBay's S.Korean business auction

E-Mart

22/06/2021 06:01

SEOUL, June 22 (Reuters) - Naver Corp  035420.KS , operator
of South Korea's dominant search portal, said on Tuesday it
decided not to participate in the acquisition of eBay's South
Korean business. 
    Naver had previously participated in the bidding process
with Shinsegae Group's E-Mart Inc  139480.KS . 
    

 (Reporting by Joyce Lee; Editing by Kim Coghill)
 ((jungyoon.lee@tr.com; +82 2 6936 1467;))