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EBAY ACQUISITION NEWS
GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay dealGameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash,...- 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...
- Why are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq stay in red or turn green again? Full explainer on market volatility and outlookWhy are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq stay in red or turn green again? Futures slipped after r...
- GameStop makes $56 billion takeover bid for eBayGameStop has launched a $55.5 billion takeover bid for eBay, aiming to transform the online marketplace into a formidable competitor to Ama...
- TikTok fans anxiously await its return to US app storesByteDance's TikTok, after being temporarily banned in the US, remains unavailable for download on Apple and Google app stores despite Presi...
- Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
- Tiger mints another unicornAlso in today's ETtech Top 5 newsletter: Chargebee becomes unicorn after Tiger Global funding; Mobile Premier League buys GamingMonk in onl...
- Facebook axes 16,000 groups for trading fake reviews after UK intervenesFacebook has also been under scrutiny by the UK's Competition and Markets Authority for antitrust concerns over the technology company's ac...
- New global investors are betting on tech in post-pandemic IndiaAt least 40 new investors have backed Indian technology companies this year, according to data shared by Venture Intelligence.
- 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 ...
- Flipkart to close eBay.in, sell used goods at new bayIn May, eBay had said that it had decided to end its strategic partnership with Flipkart and relaunch eBay India with a differentiated offe...
- 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...
- Why eBay buyout & Flipkart's likely acquisition of Snapdeal are grim news for sellers"With fewer players, we will have to fight with more sellers for visibility. Earlier, we had a choice," says Sandeep Kohli, founder of Base...
- 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.
- SoftBank triggers consolidation in India’s nascent digital commerce marketAfter pouring over billions since 2014, Alibaba's early investor Son has not been able to pick winners in either online retail, payments or...
- The Economic Times Startup Awards 2016: The jury and the categoriesThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fastpaced growth.
- Rupert Murdoch reboots internet play in IndiaThe media giant is rebooting tactical investments as part of a strategy to aggressively expand the group's digital play in markets like Ind...
- Snapdeal to go public in 1-2 years: Co-founder Kunal BahlBahl and Bansal started off in 2007 with Money Saver, a physical coupon book business that offered discounts to consumers across retail out...
- 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...
- Kumar pleads guilty in Galleon caseAnil Kumar, a former McKinsey director, told a judge he leaked inside information to Galleon Group LLC founder Raj Rajaratnam over five yea...
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