Gmarket is definitely not part of Google like Gmail. Gmarket came from Korea and made news when acquired by e-commerce giant, eBay, in 2009 for $1.2 billion. In may 2010, eBay and Gmarket founder Young Bae Ku, expanded to Singapore and Japan in joint venture mode where eBay has over 49% ownership. After one year and feeling steady in both countries, in May 2011 Gmarket is expanding again, and this time they’re aiming for Malaysia and Indonesia.
Gmarket in Indonesia is foreign invested, fully controlled by Korea where most people here is sales representatives. This is different than how Rakuten enters Indonesia, by collaborating with MNC in form of joint venture. One of Gmarket plus point in Indonesia for merchant is the choice to linkage with other countries that has Gmarket, except Korea.
Continue reading GMarket, Another Foreign E-Commerce in Indonesia