Ecommerce Industry News
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 […]
eBay completed the acquisition of Cox Australia, it said this week after announcing its intentions in December. Cox Australia owns CarsGuide.com.au and Autotrader.com.au and will join eBay’s Gumtree business. The deal will create an attractive […]
eBay issued a statement on Friday after rumors surfaced it was getting closer to selling its eBay Classifieds Group business unit. Citing unnamed sources, the Wall Street Journal reported on Friday that parties interested in […]
Activist investor Starboard Value LP stepped up pressure on eBay to move faster to separate its eBay Classifieds Group and to cut eBay Marketplaces costs. It also voiced its support for Managed Payments and eBay’s […]
eBay is buying Cox Automotive Media Solutions to add to its Classifieds portfolio in Australia. According to Thursday’s announcement: “Today, eBay has agreed to acquire Cox Automotive Media Solutions, which owns CarsGuide.com.au and Autotrader.com.au, leading […]
Activist investor Carl Icahn forced eBay to split with PayPal in July 2015, but in a survey conducted last month, a majority of sellers said they were not better off as a result of the […]
eBay will acquire Motors.co.uk, a “leading UK-based classifieds site that makes the car buying and selling process intuitive and simple.” The site, owned by Cox Automotive, will become part of eBay Classifieds’ business GumTree UK. […]
eBay is turning to its classifieds sites like Gumtree to grow eBay Marketplace sales. The latest evidence that this is an important strategy for the company came during last week’s eBay developers conference. The VP […]
eBay’s classifieds unit has promoted a new ad network over Google’s after a 6-month test. eBay Classifieds is using adMarketplace to serve ads on its sites. As a result of the testing, adMarketplace said it […]
eBay has acquired Vivanuncios, a Spanish-language classifieds site in Mexico owned by W3 Ltd. Vivanuncios, founded in 2006, receives 15 million visits per month and had more than half a million published ads in the […]