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EBAY ACQUISITION
UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s whyGlobal brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in...
GameStop CEO Ryan Cohen buys shares worth nearly $23 millionGameStop CEO Ryan Cohen bought about $22.8 million worth of the videogame retailer's shares, a regulatory filing showed on Tuesday, raising...
YouTube was close to selling to Yahoo. How Google sealed the $1.65 billion deal at 3 A.M. in a Denny’s parking lotYouTube was close to selling to Yahoo in 2006 before Google agreed to pay $1.65 billion for the video platform. The deal was finalized in a...
ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsA group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company...
GameStop expects lower quarterly sales on store closures, France exitThe videogame retailer expects quarterly net sales in the range of $780 million to $800 million on a preliminary basis, compared with $972....
EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...
Why is eBay share price up while GameStop stock price is falling down? Buyout bid sends stocks in opposite directionsWhy is eBay share price up while GameStop stock price is falling down? Shares of eBay rose after a takeover bid from GameStop led by Ryan C...
Ebay slashes 6% of workforce as ecommerce firm realigns operationsThe layoffs follow eBay's $1.2 billion acquisition ofDepop, announced last week, as the firm doubles down onsecondhand fashion and Gen Z‑fo...
Britain approves eBay merger with AdevintaThe Norwegian classified ads company announced in July last year that it would acquire the eBay division, paying $9.2 billion (7.7 billion ...
eBay close to investing $160-$170 million in Paytm MallThe eBay deal is likely to be announced next month, and would mark the US online retailer’s third bet, after Snapdeal and Flipkart, in an I...
eBay in talks with etailers, including ShopClues, for a fresh bid in IndiaeBay, however, maintains that it is looking at a relaunch in India for the cross-border trade play while declining to comment on strategic ...
eBay to sell stake in Flipkart for about $1.1 billion, to relaunch eBay IndiaThe plan includes unwinding commercial agreements with Flipkart and terminating Flipkart's licence to use the eBay.in brand, a statement fr...
Flipkart may put eBay to good use for used goodsFlipkart’s entry into the online second-hand products business will pit it directly against QuikrBazaar and OLX in a largely unorganised ma...
Flipkart's products now available to global customersFlipkart has launched a global programme to allow its sellers to sell to customers globally in partnership with eBay.
Flipkart-eBay India deal gets CCI nodeBay will invest $500 million in Flipkart as the two firms will merge their operations in the country. As part of the deal, Flipkart will o...
eBay plans to close sale to Flipkart in second half of the year“We-’re committed to winning in India through this partnership,” said Devin Wenig, CEO at eBay in an analyst call in the US.
eBay eyes acquisitions to expand fashion and lifestyle categorieseBay seems to have simply lost the plot and watching from the side lines while everybody is doing whatever they are doing.
eBay India still in investment modeeBay India, fully owned by the US listed eBay Inc, today said it is still in investment mode in the country.
eBay increases stake in Snapdeal, invests Rs 830 croreeBay is betting that Snapdeal will help it compete against the likes of Flipkart and Amazon in one of the fastest-growing markets for ecomm...