4/13/2011

eBay acquires majority stakes in Turkish auction site

Star - Global auction giant eBay has announced the acquisition of additional shares in Turkish auction site GittiGidiyor.com, thus increasing its stake in the company to 93 percent.

The deal follows eBay’s initial acquisition of GittiGidiyor.com’s minority stakes in 2007. California-based company will complete the buyout in the second quarter of 2011.
turkey; it company; internet company; auction site; ebay; gittigidiyor.com; e-commerce

ENGLISH