SK Telecom among preliminary bidders for eBay's Korean business -sources

SK Telecom Co

16/03/2021 07:59

SEOUL, March 16 (Reuters) - South Korea's SK Telecom
 017670.KS  and private equity firm MBK Partners were among
those that entered non-binding, preliminary bids for the sale of
eBay Inc's  EBAY.O  South Korean business, the telecom company
and two sources with knowledge of the matter said on Tuesday. 
    EBay Korea operates open market e-commerce platforms
Gmarket, Auction and G9, and was South Korea's third-largest
e-commernce firm in 2020 with 12.8% market share, according to
Euromonitor. 
    MBK Partners and eBay Korea declined comment. 

 (Reporting by Joyce Lee, editing by Louise Heavens)
 ((jungyoon.lee@tr.com; +82 2 6936 1467;))