If eBay and PayPal are the parents in their corporate “divorce,” then sellers are the children suffering the effects. PayPal tried to find a way for eBay sellers with working capital loans to continue to be able to make automated Read more
eBay acquired comparison-shopping engine Shopping.com in 2005 for over $620 million and built an ad platform around it called eBay Commerce Network (ECN). eBay is now shutting down the ad network and is parking Shopping.com while it decides what to Read more
The Carl Icahn-instigated “eBay Breakup” officially took place at the end of a Friday afternoon last summer, with PayPal going public the following Monday on July 20, 2015. One year later, the companies are faring much as expected. For sellers, Read more
eBay and PayPal CEOs were positive about their respective companies’ outlook at the World Economic Forum meeting in Davos this week, where they were surrounded by fear and pessimism due to economic conditions and concern over oil prices. It’s always Read more
eBay completed the previously announced sale of its enterprise unit. The new owners paid $925 million and have further separated the unit into four distinct businesses. Enterprise Operations & Enterprise Technology Services is owned by Sterling Partners. The Magento Commerce Read more
While eBay had a lot of explaining to do in the media on Monday about its future direction following its breakup, PayPal appeared to be giddy with excitement about what it called its next chapter. And, it seems, with good Read more
eBay is selling its enterprise unit, and broke into its second quarter 2015 earnings call with analysts to announce it had found a buyer. Permira, an international private equity firm, and Sterling Partners, a growth-oriented private equity firm, announced that Read more
eBay announced on Monday it had obtained approval from the European Central Bank for the eBay-PayPal separation, explaining it was the final approval need to complete the split. The separation is on track to be completed on Friday, July 17 Read more
eBay’s jettisoning of PayPal will be complete by July 17th, it announced on Friday, at which point the Marketplaces business will have to stand on its own. But sellers can likely expect no major changes when it comes to how Read more
Craigslist purists are likely rejoicing at the news that eBay has sold its share in the classifieds site back to Craigslist. eBay has had some doozies when it comes to acquisitions – Skype was its most spectacular failure from a Read more
