EBay Inc. reached a tentative agreement to buy a controlling stake in Gmarket Inc., a leading South Korean e-commerce company, in a move that would make eBay the top player in the country’s online shopping market.The deal — with an indicated value of $413 million, according to a person familiar with the situation — is the latest move by Chief Executive John Donahoe to refocus the San Jose, Calif., company on its high-growth PayPal online payments arm and the core e-commerce business that fueled its early days.
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