eBay

GameStop CEO drops US$35 billion pay plan to focus on eBay bid

eBay stock has been trading far below the offer price of US$125 per share since the bid was made in May.

eBay rejects GameStop’s US$56 billion bid as ‘neither credible nor attractive’

On Sunday, GameStop offered US$125 a share in cash and stock for eBay.

GameStop CEO says eBay shut his account after buyout funding stunt

The proposal comes as GameStop grapples with disruptions from a shift towards online shopping and digital purchases from its brick-and-mortar roots.

GameStop offers to buy eBay for about US$56 billion

The cuts come a week after the company said it would acquire secondhand fashion marketplace Depop for about US$1.2 billion.

eBay laying off about 800 workers, 6% of global workforce

eBay has focused on specialty categories such as luxury goods and auto parts to navigate a challenging e-commerce market.

eBay forecasts upbeat revenue, buys Depop to boost fashion presence

eBay has seen the sale of used and refurbished goods grow faster than other categories with shoppers eager to save money.

eBay gains after projecting strong sales on resilient consumers

eBay expects revenue in the range of US$2.59 billion to US$2.66 billion for the second quarter.

eBay announces CFO transition; sees quarterly revenue ahead of estimates

eBay expects revenue in the range of US$2.52 billion to US$2.56 billion for the first quarter, compared with analysts’ average estimate of US$2.59 billion according to data compiled by LSEG.

eBay forecasts quarterly revenue below expectations on weak demand

The police said on Sep 12 that reports were lodged against Qoo10 and Qxpress and that they are investigating.

Qoo10 under police probe as vendors lodge reports over delayed payments