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HBO Go, a popular subscription video on demand service that offers streaming of exclusively HBO content, launches. [56] 2011 Acquisition N/A Magento is acquired by eBay.com. [57] 2011 Major launch E-commerce payment system Google Wallet, a prominent online payment system similar to PayPal, launches. [58] 2011 Defunction Online advertising
In February 2002, eBay exited Japan due to competition from Yahoo! Japan and began operations in Taiwan with the acquisition of NeoCom Technology for $9.5 million. [20] [21] In June 2006, eBay turned over its operations in Taiwan to a joint venture partner. [22] PayPal San Jose Headquarters. eBay acquired PayPal on October 3, 2002 for $1.4 billion.
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.
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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.