In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). The combined company will solidify 20 markets containing...
In today’s top news, eBay is near a sale of its classified ad division to Adevinta, and Lollapalooza’s co-founder said live concerts won’t be back until 2022. Plus, Mastercard is expanding its crypto card partner program. eBay Nears Deal To Sell Classified Ad Division To...
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old auction and “Buy It Now” website with operations in nearly three dozen countries is close...
July 21, 2020
In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). The combined company will solidify 20 markets containing 1 billion people and is likely to attract 3 billion […]
July 20, 2020
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old...