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  • 2018
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Day: June 4, 2018

Rue La La Buys Gilt, Long Live Flash Sale Sites

June 4, 2018 Ina Steiner
Rue la la

Rue La La is acquiring rival Gilt Groupe, though the terms of the sale aren’t known. Once the darlings of ecommerce, flash sale sites have become passé, though Rue La La owner Michael Rubin insists […]

1 CommentMarketplaces, NewseBay, Gilt Groupe, Merger and Acquisition, Michael Rubin, Rue La La

eBay Touts Role in Creating Jobs, Helping US Economy

June 4, 2018June 4, 2018 Ina Steiner
Dan Tarman

eBay published data today to show its contributions to the US economy, touting its role in helping to create jobs. The missive from Dan Tarman, Chief Communications Officer, eBay, comes as the company fights a […]

2 CommentsMarketplaces, NewsDan Tarman, eBay, eBay Government Relations

Walmart Rebalances International Portfolio as It Seeks Growth

June 4, 2018 Ina Steiner
Walmart

Walmart is selling 80% of Walmart Brazil to private equity firm Advent International. Walmart entered the Brazilian market 22 years ago, and Walmart Brazil today has 438 stores in 18 states, with 55,000 associates. The […]

Marketplaces, NewsWalmart, Walmart financials


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