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Tag: eBay share buyback

eBay Is Flush with Cash, Adds $5B to Coffers This Week

November 18, 2021November 18, 2021 Ina Steiner
eBay

eBay is flush with cash this week. It sold an 80% share of its eBay Korean unit for $3 billion on Sunday, and today it announced it sold over 134 million shares in Adevinta ASA for €2.05 billion, which is Read more

Marketplaces, NewsAdevinta, eBay, eBay Classifieds, eBay Korea, eBay share buyback, StubHub1 Comment

eBay Completes Majority Sale of eBay Korea for $3 Billion

November 15, 2021November 15, 2021 Ina Steiner
eBay

eBay completed the sale of 80% of its eBay Korea unit to Emart for approximately $3 billion. eBay will retain a 19.99% interest in the Korean businesses, including G-Market, IAC and G-9. After caving to pressure from activist investors in Read more

Marketplaces, NewseBay, eBay Korea, eBay share buyback, Gmarket, Jamie Iannone


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