eBay boosts its Japanese business with an acquisition

eBay is ramping up its presence in Japan via its latest investment in Asia. The U.S. online retail giant announced today that it has acquired the Japan-based business of pan-Asia e-commerce company Giosis, which is called Qoo10.jp, in an undisclosed deal. eBay originally set up Singapore-based Giosis in 2010 alongside Korea’s Gmarket, and as part of today’s deal it will give up… Read More