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eBay office in Toronto, Canada. eBay Inc. (/ ˈ iː b eɪ / EE-bay, often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.
On March 28, 2011, it was announced that eBay Inc. would acquire GSI for $2.4 billion. The deal was closed on June 20, 2011. [18] On June 20, 2013, the company announced that it would be retiring the GSI Commerce name in favor of eBay Enterprise. [19] Magento, Inc. became a part of eBay Enterprise on November 21, 2013.
As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
eBay, PayPal, Kijiji and StubHub, 500 King Street West, Toronto, April 2014. PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 December 2024. Entrepreneur, philanthropist, and founder of eBay (born 1967) Pierre Omidyar Omidyar in 2007 Born Parviz Morad Omidyar (1967-06-21) June 21, 1967 (age 57) Paris, France Citizenship Iran France United States Education University of California, Berkeley (BS) Occupation(s) Founder of eBay ...
The valuation of the company is about $800 million. On the launch date, the price of the shares peaks to $22 and closes at $20. [23] [24] 2002: July 8: Company buyout: It is announced that eBay will acquire PayPal using an all-stock acquisition, for $1.5 billion. [25] [26] [27] 2002: October: Company buyout: eBay's acquisition of PayPal is ...
[1] [2] While the company does not currently disclose its financials, in 2015 it had over 16 million unique visitors and nearly 10 million live events per month. [3] StubHub was founded in 2000 by Eric Baker and Jeff Fluhr. [4] The company was acquired by eBay for $310 million in 2007, and again acquired in 2020 by Viagogo. [4] [5] [6]
In January 2019, Elliott Management, an activist hedge fund, [6] purchased a significant investment in eBay. They sent a letter to its board of directors requesting changes, such as replacing the CEO, [6] saying that eBay "as a public-company investment has underperformed both its peers and the market for a prolonged period of time."