For more than two decades, the digital marketplaces of eBay Inc. have brought together buyers and sellers around the world. The company's Korean platform is a top brand in Korea and one of the top five e-commerce marketplaces in the world by sales volume. That explains why exposure to the Korean won presents a significant foreign exchange (FX) risk for eBay globally.
"Revenue and income derived from our Korean operations are denominated in Korean won," says Shan Anwar, director of investments and payment integration for eBay Inc. "Depending on where FX rates are, Korea is usually in the top five markets for us in terms of currency risk."
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Meg Waters
Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
