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  • 2020
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  • 21

Day: July 21, 2020

eBay Bans Sale of Certain Pet Meds Citing COVID Policy

July 21, 2020July 21, 2020 Ina Steiner
eBay

eBay has banned the sale of certain pet medication citing its policy around potential cures for COVID-19. The ban applies to products containing Ivermectin on all eBay sites, according to the announcement found on the eBay Australia board. “Ivermectin is Read more

Marketplaces, Newscoronavirus, eBay2 Comments

Amazon Prime Day 2020 to Be Held ‘Later This Year’

July 21, 2020July 21, 2020 Ina Steiner
Amazon

Amazon confirmed it will hold its annual Prime Day event later this year, offering customers “incredible savings and deals,” and will host the event in India separately, on August 6-7, 2020. Usually the event is held globally in July. The Read more

Marketplaces, NewsAmazon Prime Day 2020

Amazon Expands Presence in Spain

July 21, 2020July 21, 2020 Ina Steiner
Amazon

Amazon announced this week it will increase its workforce in Spain by 2,000 positions for a total of 9,000 workers in that country. Amazon noted it will be opening two new fulfillment centers in Dos Hermanas (Seville) and Alcalá de Read more

Marketplaces, NewsAmazon, Amazon FC, Amazon Spain

eBay Sells Classifieds Unit for $2.5B Plus Shares

July 21, 2020July 21, 2020 Ina Steiner
eBay

eBay sold its classifieds business unit to Adevinta for $2.5 billion of cash and 540 million shares of Adevinta, representing 44% ownership of the pro forma company and a ~33.3% voting stake. It valued the deal at approximately $9.2 billion. Read more

Marketplaces, NewsAdevinta, eBay, eBay Classifieds, Merger and Acquisition2 Comments


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