• PayPal and eBay now separated

    PayPal and eBay now separated

    Online retailer eBay’s subsidiary PayPal has now split off into a separate company. The move was announced in September 2014 but has just come into effect in what industry experts say is a play to take on competition from payment services from Apple and Android. The companies, which are now two of the most famous
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  • Social Commerce Reaches a New Level Thanks to Facebook and eBay

    Social Commerce Reaches a New Level Thanks to Facebook and eBay

    Facebook is the largest social media site of its kind and eBay is the biggest online auction site you will find around at the moment.

  • eBay Aims to Appeal to Smartphone Users

    eBay Aims to Appeal to Smartphone Users

    Remember when eBay used to be all about auctions of second-hand items?

  • Ebay Buys Korean Competitor Gmarket

    Ebay Buys Korean Competitor Gmarket

    Ebay announced that they have won conditional approval from the South Korean watchdog agency to buy a controlling stake in the online retailer Gmarket Inc.  The price was $413. Ebay will be buying 34.2 percent of Gmarket from the largest shareholder Interpark for $24 a share.  This is at a 32.5 percent premium over the
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  • Good News Ebay Makes Acquisitions and Lays Off Employees

    Good News Ebay Makes Acquisitions and Lays Off Employees

    How nice of Ebay.  The company has announced it plans to lay off approximately 1000 employees, which equates to 10% of its workforce.  Ebay will also remove hundreds of temp positions from the payroll as well. This comes on the heel of announcing that they have acquired DBA and bilbasen out of Denmark for approximately
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  • Jet Blue Auctions On Ebay

    Jet Blue Auctions On Ebay

    JetBlue is using Ebay to auction off over 300 round-trip flights, and six vacation deals this week.  In a rather bold move, JetBlue is starting the auctions at $0.05 – $0.10.  Flights will be available from major cities such as Boston, Chicago, Orlando, Fort Lauderdale, New York, Salt Lake City, and Southern California. This is
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