Australia's ACCC Examining Competition/Consumer Concerns With Online Retail Marketplaces Like Ebay, Amazon
15 days ago
Ebay Says Signs Agreement To Sell Part Of Its Adevinta Stake To Permira
a month ago
ebay Completes Transfer Of Classifieds Business To Adevinta
About eBay Inc
eBay Inc. is a global commerce company, which includes its marketplace platform. The Company’s technologies and services are designed to give buyers choice and relevant inventory and enable sellers to offer their inventory for sale, virtually anytime and anywhere. It develops user interfaces, buyer, seller and developer tools and transaction processing, database and network applications that help enable its users to complete transactions on its sites. The Company’s platforms are accessible through an online experience, iOS and Android mobile devices and its application programming interfaces (APIs). It operates through segment such as Marketplace. Marketplace includes its online marketplace located at its Website and its localized counterparts, including off-platform businesses in South Korea, Japan, and Turkey, as well as its suite of mobile applications.
Shares of PayPal Holdings Inc fell 8% on the payment company's downbeat current-quarter profit outlook that outweighed a better-than-expected profit in the second quarter from a pandemic-driven shift to digital spending.
Adevinta reported on Thursday a bigger-than-expected jump in second-quarter revenue, as the easing of pandemic curbs lifted businesses, while the Norwegian company initiated a strategic review after completing the acquisition of U.S. e-commerce group eBay's classifieds group...
EBay Inc has agreed to sell part of its stake in Norway's Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta's classified ads businesses.
A coalition of retailers, newspapers, printers, greeting card companies and others oppose the U.S. Postal Service plan to hike postage prices for most mail by 7% and called on Congress to direct a new review before the increases take effect.
Ebay Inc on Tuesday allowed the sale of non-fungible tokens for digital collectibles like trading cards, images or video clips on its platform, the first e-commerce company to tap into the recent frenzy around NFTs.
EBay Inc's second-quarter profit forecast came in below market expectations as it faces fierce competition from bigger rivals including Amazon.com Inc for a slice of the pandemic-led online shopping boom, sending its shares down 6%.
South Korea's SK Telecom, retailer Shinsegae Group and private equity firm MBK Partners were among those that entered non-binding, preliminary bids for the sale of eBay Inc's South Korean business, the telecom company and two sources with knowledge of the matter said on...
South Korea's SK Telecom and private equity firm MBK Partners were among those that entered non-binding, preliminary bids for the sale of eBay Inc's South Korean business, the telecom company and two sources with knowledge of the matter said on Tuesday.
U.S. e-commerce group eBay and Norway's Adevinta planned to sell three smaller British units in order to secure regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday.
Norway's Adevinta and U.S. e-commerce group eBay aim to sell three smaller British units in order to obtain regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday.
Norway's Adevinta posted stronger-than-expected revenues for the final three months of 2020 and said its planned takeover of eBay's online classifieds business remains on track for completion in the first quarter this year.
E-commerce firm eBay Inc said on Wednesday it would emerge "stronger" from the COVID-19 crisis after a pandemic-driven surge in online shopping helped the company beat estimates for sales and profit in the holiday quarter.
Viagogo must sell StubHub's international business, Britain's competition watchdog said on Tuesday, after a probe found that its $4.05 billion purchase of eBay's ticket reselling unit would reduce competition in the UK.
EBay Inc said on Tuesday it has started a process to explore a range of strategic alternatives for its South Korean business, which includes Gmarket, one of the largest online marketplaces in the country.
Elliott Management, which last year took a $3.2 billion stake in AT&T <T.N> and pushed the company to sell some assets, has itself exited the telecommunications and media company, according to a regulatory filing on Monday.
Two former eBay Inc employees pleaded guilty on Thursday to participating in a cyber stalking campaign against a Massachusetts couple whose online newsletter was viewed by top executives as critical of the e-commerce company.
EBay Inc's <EBAY.O> quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVID-19 pandemic took to online shopping.
A former police captain who went on to work for eBay Inc pleaded guilty on Tuesday to participating in a cyberstalking campaign against a Massachusetts couple whose online newsletter was viewed as critical of the e-commerce company.
The Leadership Council on Legal Diversity, a group of more than 300 chief legal officers and law firm managing partners, is challenging its members to personally and publicly pledge to increase diversity and inclusion in their organizations.