eBay said to be selling South Korean unit to Shinsegae, Naver for $3.6b

eBay said to be selling South Korean unit to Shinsegae, Naver for $3.6b

Photo: eBay

EBay will sell its South Korean business to retailer Shinsegae Group and e-commerce firm Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday.