South Korea's Gmarket Takes on EBay

October 2nd, 2006 in Technology / Business
South Korea's Gmarket Takes on EBay (AP)

An employee of Gmarket walks past the company's logo at its headquarters in Seoul, South Korea, Wednesday, Sept. 13, 2006. South Korea's Gmarket Inc. has captured the energy of that raw commerce and made a home for it on the Internet, creating a Web site that has quickly become a top online destination in this computer-savvy nation, going head-to-head with the Korean subsidiary of U.S. online commerce giant eBay Inc. (AP Photo/ Lee Jin-man)

(AP) -- The thumping pop music and blaring lights at Seoul's Dongdaemun market keep going all night long as shoppers swarm around merchants hawking the latest trendy fashions at rock-bottom prices.

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