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  • Adevinta, eBay clear final hurdle in $13 billion advertising tie-up Jun 18, 2021 03:50 PM IST

    Adevinta, eBay clear final hurdle in $13 billion advertising tie-up

    Under a deal struck last year, Adevinta will acquire eBay's Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at around $13 billion at current stock market prices.

  • Ebay sells classifieds business to Norway's Adevinta in $9.2 billion deal Jul 21, 2020 02:20 PM IST

    Ebay sells classifieds business to Norway's Adevinta in $9.2 billion deal

    Ebay will receive $2.5 billion in cash and 540 million shares of Adevinta, making it the largest shareholder with a 44 percent stake of the pro forma company, they said.

  • Ebay nears $10 billion sale of classified ads unit Jul 16, 2020 10:20 PM IST

    Ebay nears $10 billion sale of classified ads unit

    The US e-commerce giant will need to decide between two all-cash bids - submitted by online retailer Prosus and a private equity consortium - and a third cash-and-share offer from Norwegian classifieds group Adevinta, the sources said.

  • Nike's Mark Parker hands over CEO role to former eBay chief Oct 23, 2019 07:35 AM IST

    Nike's Mark Parker hands over CEO role to former eBay chief

    Donahoe, who has been on Nike's board since 2014, will join the sneaker maker from cloud computing firm ServiceNow Inc , where he was CEO for more than four years. Prior to that, he led online retailer eBay for the seven years through 2015.

  • EBay CEO Wenig steps down, finance head takes over as interim chief Sep 25, 2019 09:01 PM IST

    EBay CEO Wenig steps down, finance head takes over as interim chief

    EBay had come under pressure from hedge funds Elliott Management Corp and Starboard Value to restructure and sell some of its businesses.

  • Paytm Mall rebuilding business strategy, separates functions from parent firm: Report Aug 14, 2019 04:53 PM IST

    Paytm Mall rebuilding business strategy, separates functions from parent firm: Report

    The domestic e-tailer, which has of late seen tough competition from the likes of Amazon and Flipkart, has been trying to revamp its business.

  • eBay's new 'Managed Delivery' aims to rival Amazon Jul 26, 2019 08:28 AM IST

    eBay's new 'Managed Delivery' aims to rival Amazon

    The new service will allow sellers to store inventory closer to buyers in warehouses across the US, resulting in faster delivery time and lower shipping costs.

  • Reporter's Take | eBay invests $150 million in Paytm Mall Jul 18, 2019 05:43 PM IST

    Reporter's Take | eBay invests $150 million in Paytm Mall

    Sakshi Batra chats with Moneycontrol's Priyanka Sahay to find out the nitty-gritties of the deal and how it will affect the e-commerce space.

  • eBay invests $150 million in Paytm Mall for 5.5% stake Jul 18, 2019 10:12 AM IST

    eBay invests $150 million in Paytm Mall for 5.5% stake

    Paytm founder Vijay Shekhar Sharma confirmed the investment but did not disclose the details.

  • Trump signs order aimed at stopping counterfeit sales through Alibaba, Amazon, eBay, others Apr 03, 2019 09:30 PM IST

    Trump signs order aimed at stopping counterfeit sales through Alibaba, Amazon, eBay, others

    The order is aimed at stopping the sale of counterfeit products through companies like Alibaba Group Holding Ltd, Amazon.com Inc and eBay Inc, Navarro said in a conference call with reporters.

  • eBay to begin rolling out Google Pay on its Marketplace platform Mar 22, 2019 07:38 PM IST

    eBay to begin rolling out Google Pay on its Marketplace platform

    A significant step toward providing buyers with more choice in their payment options

  • eBay's poor revenue outlook overshadows first-ever dividend Jan 30, 2019 10:45 AM IST

    eBay's poor revenue outlook overshadows first-ever dividend

    Shares of the online marketplace were down 1 percent in after-hours trading, reversing course after an initial jump following eBay's move to pay a quarterly dividend of 14 cents per share.

  • eBay planning India comeback with export option for sellers Aug 23, 2018 09:19 PM IST

    eBay planning India comeback with export option for sellers

    eBay is also taking over the eBay.in domain from Flipkart.

  • As Flipkart-owned eBay India shuts shop on August 14, its products will now sell on a new platform Aug 13, 2018 10:06 AM IST

    As Flipkart-owned eBay India shuts shop on August 14, its products will now sell on a new platform

    Flipkart will now launch a new platform to sell refurbished goods in an attempt to tap into the market of pre-owned goods, which as of now, is largely unorganised

  • eBay in talks with ShopClues, other e-commerce firms for India relaunch: Report Jul 27, 2018 11:48 AM IST

    eBay in talks with ShopClues, other e-commerce firms for India relaunch: Report

    ShopClues, which recently raised $10 million from existing investors, is itself holding talks with multiple e-commerce companies for a potential sale

  • Flipkart plans to shut eBay in India, launch new platform to sell used goods Jul 24, 2018 01:53 PM IST

    Flipkart plans to shut eBay in India, launch new platform to sell used goods

    The company will be stopping all customer transactions on eBay.in from August 14

  • Canadian farmer puts 6-year-old McDonald’s burger, fries for sale on eBay Jul 09, 2018 06:08 PM IST

    Canadian farmer puts 6-year-old McDonald’s burger, fries for sale on eBay

    Canadian man keeps a 6-year-old McDonald’s cheeseburger and fries in his office and now posts an advertisement for eBay for selling it for 29.99 dollars.

  • Famous companies that were bought for less but are now raking in billions Apr 25, 2018 02:37 PM IST

    Famous companies that were bought for less but are now raking in billions

    Here are 10 smart bets from companies that were futuristic and are giving excellent returns to their owners

  • Flipkart completes eBay India merger Aug 01, 2017 10:11 AM IST

    Flipkart completes eBay India merger

    With this, eBay.in will now be a Flipkart Group company. The deal was announced in April when the Flipkart group raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft.

  • India M&A deal value touch record high of $29.2 bn in January-June Jul 27, 2017 03:35 PM IST

    India M&A deal value touch record high of $29.2 bn in January-June

    The January-June period of this year attracted 181 deals worth USD 29.2 billion, 56.7 per cent higher compared with the corresponding period last year and even surpassed the first half 2012 level which was the historical high for deal making in India, the global deal tracking firm said.

  • Flipkart’s $1.4 billion lifeline highlights the long trek ahead to profitability    Apr 12, 2017 06:16 PM IST

    Flipkart’s $1.4 billion lifeline highlights the long trek ahead to profitability  

    The last time Flipkart raised money was at a valuation of USD 15.2 billion. The lower valuation explains the stress in the e-commerce industry in India and the difficulty in finding an investor.

  • Flipkart $1.4 billion funding deal: What Binny Bansal said in an e-mail to employees Apr 11, 2017 01:37 PM IST

    Flipkart $1.4 billion funding deal: What Binny Bansal said in an e-mail to employees

    Bansal pointed that the company will be cautious when it comes to spending and growing the business

  • Flipkart to grow with careful considerations to costs: Binny Bansal Apr 11, 2017 07:35 AM IST

    Flipkart to grow with careful considerations to costs: Binny Bansal

    The announcement comes in the wake of Flipkart, India's largest e-commerce player, looking to cut cost by its plan to sack at least 700 employees, or over 3 per cent of its workforce, to compete with rivals like Amazon and Snapdeal.

  • Loss-making Flipkart is valued greater than all the retail stocks listed on NSE Apr 10, 2017 07:44 PM IST

    Loss-making Flipkart is valued greater than all the retail stocks listed on NSE

    Bangalore-based Flipkart has been valued at a whopping $11.6 billion or nearly Rs 74,800 crore – more than the market capitalisation of all the listed retail companies on the NSE

  • Flipkart buys eBay India business, gets $500 million as investment Apr 10, 2017 05:55 PM IST

    Flipkart buys eBay India business, gets $500 million as investment

    Even as eBay has sold its India business Flipkart, not all of its employees in India will be absorbed by the Bangalore-based company

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