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is encouraged to examine the sellers' feedback profile before bidding to rate their trustworthiness. Sellers with high ratings generally have more bids and garner higher bids. However, it is possible for sellers to make their feedback private and just leave the numbered rating (number of positive, negative, and neutral feedback with a positive feedback percentage), which means that bidders and sellers cannot see the comments other users have left. Gmarket also has a significant affiliate program, and affiliates can place live
Gmarket Shopping product images and links on their web sites.
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However, the following year, the 6th
Division of the Seoul Central District Prosecutor's Office concluded that the case was not suspicious. An official at the prosecution said, "The number of sellers who actually stopped trading with '11street' was so small that the effect of restricting competition
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want-ads, sellers rely on the buyers' good faith to make payment, and buyers rely on the sellers' good faith to actually deliver the goods intact. To encourage fidelity, Gmarket maintains, rates, and publicly displays the post-transaction feedback from all users, whether they buy or sell. The buyer
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all
Gmarket users with news that other fees would be decreased. Gmarket does not handle the goods, nor does it transact the buyer-seller payments, except through its subsidiary shopping mall credit. Instead, much like
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was not reached, and it was acknowledged that the eBay Market side performed its usual management and supervision duties to prevent unfair trade, so it was disposed of without charge."
475:. In 2005 it was announced that Gmarket would increase fees it charges to Gmarket Store sellers, which caused considerable enough controversy. The president of Gmarket then
425:'s report of abuse of market dominant status, and was charged with a corrective order and fine from the Fair Trade Commission as well as being charged with prosecution.
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Gmarket generates revenue from sellers, who pay a fee based on the selling price of each item and a fee based on the starting price, and from
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After the acquisition, G-Market received an on-site investigation by the Fair Trade
Commission for allegations of unfair trade due to
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and credit merchandise, which can be difficult for novice buyers to distinguish without careful study of the auction description.
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619:[Emart to purchase eBay Korea at 3.4 trillion KRW... Becomes 2nd largest e-Commerce after Coupang].
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The predecessor of
Gmarket was founded in 1999 by Young Bae Ku. At the time, it was part of the
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Please help update this article to reflect recent events or newly available information.
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In 2006, Gmarket became the first South Korean online company to be listed on the
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website based in South Korea. The company was founded in 2000 as a subsidiary of
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Gmarket is also an easy place for unscrupulous sellers to market
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592:"UPDATE 2-eBay to buy S.Korea's Gmarket for up to $ 1.2 bln"
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of parts of this article (those related to article)
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136:. Unsourced material may be challenged and removed.
85:may be compromised due to out-of-date information
410:after buying Gmarket shares from Interpark and
406:acquired Gmarket for approximately 1.2 billion
590:Rhee, So-eui; Han, Marie-France (2009-04-16).
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671:"How An E-Commerce King Is Conquering Korea"
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536:"Gmarket Global is new name for eBay Korea"
57:Learn how and when to remove these messages
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414:. Following the acquisition, Gmarket was
214:Learn how and when to remove this message
196:Learn how and when to remove this message
563:"[Who Is ?] 이기형 인터파크홀딩스 회장"
1005:Companies formerly listed on the Nasdaq
995:Internet properties established in 2000
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513:(19.99%), formerly known as eBay Korea.
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1010:Online auction websites of South Korea
748:"eBay becomes No. 3 retailer in Korea"
617:"이마트, 3.4조에 이베이코리아 인수…쿠팡 제치고 이커머스 2위로"
365:in 2009, who subsequently sold it to
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990:Retail companies established in 2000
720:"Korea's Gmarket Goes on the NASDAQ"
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134:adding citations to reliable sources
1015:Online marketplaces of South Korea
1000:2000 establishments in South Korea
14:
645:"[김광일의 릴레이 인터뷰]구영배 G마켓사장"
534:Lee, Tae-hee (January 19, 2022).
38:This article has multiple issues.
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121:needs additional citations for
46:or discuss these issues on the
695:"인터파크구스닥, 'G마켓'으로 회사이름·브랜드 변경"
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1025:2009 mergers and acquisitions
1020:2006 initial public offerings
615:Lee, Hyunseung (2021-06-24).
369:at 3.4 trillion Korean Won.
746:Lee, Ji-yoon (2017-06-23).
669:Colao, J. J. (2013-09-02).
291:; 24 years ago
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898:Formerly owned companies:
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797:"검찰, G마켓 독점규제법 위반 '무혐의'"
16:Not to be confused with
701:(in Korean). 2003-10-10
651:(in Korean). 2007-09-30
569:(in Korean). 2017-03-31
467:Profit and Transactions
361:, and was acquired by
373:History and Incidents
772:"공정위, 지마켓 시정조치 검찰고발"
541:Korea JoongAng Daily
387:customer to customer
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1030:E-commerce websites
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141:Find sources:
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119:This article
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95:November 2010
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885:Shopping.com
833:(in English)
805:. Retrieved
803:. 2011-05-27
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780:. Retrieved
778:. 2010-07-19
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755:. Retrieved
752:The Investor
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730:. Retrieved
728:. 2006-06-30
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438:Collectibles
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312:Headquarters
307:Young Bae Ku
251:Company type
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128:Please help
123:verification
120:
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40:Please help
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904:Auction Co.
827:(in Korean)
801:Money Today
626:(in Korean)
473:advertising
461:counterfeit
271:: GMKT
242:Native name
974:Categories
934:MicroPlace
807:2011-05-27
782:2010-08-05
757:2019-01-31
732:2019-01-31
705:2019-01-31
680:2019-01-31
655:2019-01-31
630:2023-03-24
601:2019-01-31
573:2019-01-31
521:References
442:appliances
390:e-commerce
355:e-commerce
280:E-commerce
255:Subsidiary
186:March 2018
156:newspapers
145:"G-Market"
43:improve it
944:ProStores
482:newspaper
450:furniture
446:computers
402:In 2009,
383:Interpark
367:Shinsegae
359:Interpark
263:Traded as
49:talk page
919:Half.com
914:G-Market
890:Epinions
547:June 11,
454:vehicles
423:11street
416:delisted
381:company
276:Industry
18:G'market
959:Tradera
954:StubHub
924:Magento
825:Gmarket
699:ET News
649:iNews24
596:Reuters
505:of the
477:emailed
351:Gmarket
338:gmarket
333:Website
304:Founder
294: (
286:Founded
227:Gmarket
170:scholar
939:PayPal
675:Forbes
622:Chosun
397:NASDAQ
353:is an
324:Parent
269:Nasdaq
172:
165:
158:
151:
143:
949:Shutl
489:Notes
412:Yahoo
316:Seoul
177:JSTOR
163:books
980:EBay
880:eBay
869:eBay
776:모닝뉴스
549:2022
511:eBay
404:eBay
363:eBay
296:2000
289:2000
149:news
77:The
624:biz
408:USD
342:.kr
340:.co
246:G마켓
132:by
976::
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582:^
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