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Chaos at Qoo10 summarized

Chaos at Qoo10 summarized

 

1. Gu Young-bae created Gmarket and sold it to eBay.

 

2. On eBay, a restriction was imposed on Gu Young-bae preventing him from engaging in e-commerce in Korea for a certain period.

 

3. Gu Young-bae went to Singapore and partnered with eBay and a private equity fund to create this commerce platform called Qoo10.

 

Chaos at Qoo10 summarized

 

It seems like an unprecedented incident.

 

It's not like there's a hole in the laws of any country.

 

There is a law that benefits you if you violate and pay a fine for being overly open.

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