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eBay takes stake in Turkish e-commerce site

Acquires minority stake in GittiGidiyor.com, an online marketplace with more than 400,000 listings and a format similar to eBay's.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto

eBay announced Thursday it acquired a minority stake in GittiGidiyor.com, an online marketplace in Turkey. The e-commerce site has more than 400,000 listings and has a format similar to eBay's.

The region has more than 17 million Internet users, representing a quarter of the country's total population. Turkey is the 37th local market that eBay has entered with its online auction service.