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EBay Inc. (NASDAQ:EBAY), which plans to lay off several dozen people, will report third-quarter earnings on Wednesday with the Webcast earnings call scheduled for 2:00 p.m. PT. Analysts are projecting a sliver of growth instead of declining revenue, which eBay has faced for a year. They project earnings of 37...
Posted on October 19, 2009 8:27 AM
eBay Inc. (Nasdaq: EBAY) said it will combine online retailer Gmarket Inc. (Nasdaq: GMKT) with its existing South Korean marketplace business, Internet Auction Co., or IAC, while maintaining separate sites. eBay is offering $24 per share, valuing the deal around $1.2 billion.The deal offers Gmarket users a global range...
Posted on April 16, 2009 8:27 AM
StumbleUpon, acquired by eBay Inc. (NASDAQ:EBAY) two years ago for $75 million, is parting ways with the online auction giant as it returns to the ranks of an investor-backed startup. StumbleUpon said there were a lack of synergies with eBay -- the same reason Skype Technologies SA may be...
Posted on April 14, 2009 9:09 AM
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