Auction (website)

Auction Co. is an online auction company based in South Korea. It was acquired by eBay on January 8, 2001.

Auction

Company type	Subsidiary
Industry	Online auction
Founded	April 1998; 27 years ago (April 1998) South Korea
Headquarters	South Korea
Parent	Gmarket Global[1]

2008 Security Breach

In April 2008, the company revealed that their customers' real name, username, resident registration number, address, phone number, email address, bank account number, and purchase and refund log were breached in February.^[2][3] Originally, the victims were thought to be 11 million users, but later it was found that the private information of all members of Auction, 18,630,000 thousand people, was breached.^[3] Users filed a lawsuit against the company,^[4] but Court denied the responsibility of the company.^[5]