As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old auction and “Buy It Now” website with operations in nearly three dozen countries is close...
The European Union (EU) is targeting Facebook’s Marketplace as the next leg in its antitrust investigation, according to a Monday (April 6) report in the Financial Times (FT). In an effort to see if Facebook has an unfair advantage in the classified advertising space, investigators...
According to reports, eBay is in settlement talks with activist investors in the hopes of avoiding a proxy fight on the online marketplace. Citing sources familiar with the matter, Bloomberg reported that eBay has been meeting with Elliott Management and Starboard Value to discuss board seats...
Shieldpay, the London payments startup, announced Monday (Dec. 17) a new partnership with Visa in which the two will enable secure card payments across peer-to-peer networks and classified ad sites. In a press release, Shieldpay said the partnership will result in the ability to use debit...
July 21, 2020
In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). The combined company will solidify 20 markets containing 1 billion people and is likely to attract 3 billion […]
July 20, 2020
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old...
April 06, 2020
The European Union (EU) is targeting Facebook’s Marketplace as the next leg in its antitrust investigation, according to a Monday (April 6) report in the Financial Times (FT). In an...
February 27, 2019
According to reports, eBay is in settlement talks with activist investors in the hopes of avoiding a proxy fight on the online marketplace. Citing sources familiar with the matter, Bloomberg...
