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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
**Update - eBay has signed an agreement to sell most of Skype, valuing the business at $2.75 billion.From the eBay announcement: The buyer, who will control an approximately 65% stake, is an investor group led by Silver Lake and includes Index Ventures, Andreessen Horowitz and the Canada Pension Plan Investment...
Posted on September 1, 2009 10:00 AM
eBay Inc. (NASDAQ:EBAY), refocusing itself on its core market of e-commerce, received approval from South Korean antitrust regulators to acquire online retailer Gmarket Inc. (NASDAQ:GMKT) for about $1.2 billion, which it will combine with its existing South Korean marketplace business, Internet Auction Co.In an FTC statement (flagged by TradingMarkets.com),...
Posted on April 23, 2009 12:03 PM
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
A New York Times report says Niklas Zennstrom and Janus Friis, founders of Internet telephony Skype Technologies SA, are looking to buy the company back from eBay Inc. (Nasdaq:EBAY) for about $2 billion. eBay wouldn't confirm the report but one thing is for sure, it's looking for buyers and...
Posted on April 13, 2009 12:50 PM
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