Archive for May, 2010

EBay Auction for National 9/11 Memorial Sculpture

Tuesday, May 18th, 2010

A national memorial created to honor the fallen firefighters of September 11, 2001, will be on auction on eBay until 5 a.m. PDT on May 22. Interested purchasers must be added to a pre-approved bidders list prior to making a bid. The 40-foot bronze sculpture, “To Lift a Nation,” recreates the historic moment when three firefighters raised the American flag at Ground Zero, memorialized in the now world-famous photograph by Thomas E. Franklin.
The sculpture, which was purchased with proceeds from a Ponzi scheme devised by Coadum Advisors, Inc., has been …

eBay and Gmarket Founder Plan Asia Expansion

Monday, May 10th, 2010

eBay Inc. and Young Bae Ku, the founder of Gmarket, Korea’s leading e-commerce company acquired by eBay in 2009, today announced a joint venture agreement to expand Gmarket’s existing online marketplaces in Japan and Singapore. The agreement will strengthen eBay’s presence in Japan and Singapore — where the e-commerce markets are expected to grow by 30% and 13% respectively between 2009 and 2012–and provide a foundation for longer term expansion of Gmarket into other Asian markets.
“eBay’s partnership with Young Bae Ku combines his expertise in Asia and Gmarket’s proven Korean …