Ebay

GameStop said Friday it intends to continue pursuing its proposed acquisition of eBay despite the online marketplace's rejection of the unsolicited takeover offer, keeping alive one of the year's most...

The United Kingdom’s competition watchdog has launched an investigation into eBay’s planned $1.2 billion acquisition of fashion resale platform Depop from Etsy, adding regulatory scrutiny to a deal aimed at...

eBay on Tuesday formally rejected a $56 billion takeover proposal from GameStop, dismissing the offer as lacking credibility and appeal amid concerns over financing and long-term strategic fit. The online...

Meta Platforms, the parent company of Facebook, is preparing to introduce eBay listings to its Facebook Marketplace platform, a move aimed at easing tensions with European Union (EU) regulators. The...

On Monday, e-commerce platform eBay requested that a US judge block Meta’s bid for testimony from an eBay corporate official, reported Reuters. This comes as the social media giant works to obtain information from its rivals in order to develop a defense against the Federal Trade Commission’s antitrust lawsuit. In a federal court filing in […]

EBay has bought myFitment, which offers software tools to sellers of automotive and powersports parts and accessories, a press release said. MyFitment’s helps drive sales and avoid expensive returns by optimizing fitment data for listings, so customers can order the right parts and accessories. The acquisition will bolster eBay’s parts and accessories categories and “offer an added […]

Shinsegae’s Emart will not be taking over eBay Korea after the local antitrust regulator finally approved the hypermarket chain’s acquisition plan. The approval was announced on Friday, Oct. 29, so the deal will now certainly push through. According to The Korea Herald, Korea’s Fair Trade Commission stated it has reviewed and assessed if Emart’s acquisition […]

EBay has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for US$2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses. The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% […]

The UK competition regulator has approved eBay’s tie-up with Norway’s Adevinta after the companies agreed to sell UK second-hand sales sites Gumtree UK and Shpock, smoothing the path for the US$9.2 billion classified advertisements deal.   The deal between Silicon Valley-based eBay and Norway’s Adevinta will create the world’s largest online classified advertising group. On Wednesday, […]

Ebay and Norway’s Adevinta announced that they will sell three British units so that they can get UK regulatory approval for a US$9.2 billion deal which has been on the cards since July 2020, reported Yahoo News. Last month, the UK Competition and Markets Authority (CMA) stated that Adevinta’s anticipated purchase of eBay Classified Group […]

Britain’s markets watchdog has launched a full-scale investigation into eBay’s bid to create the world’s largest online business for classified ads. The Competition and Markets Authority (CMA) has started examining eBay’s £7 billion (US$9.5 billion) deal with Norway’s Adevinta as part of a crackdown on digital monopolies. The e-commerce giant is selling its classified ads […]

eBay is in advanced talks to sell its classified-ads unit to Norwegian group Adevinta as the online auction pioneer seeks to refocus on its core marketplace business, Reuters reported on Monday, July 20.  eBay intends to keep a minority stake in the business following the close of the deal, a source said. The deal comes […]