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Today, roughly 18 months later, eBay's ticket marketplace StubHub has already been sold to Viagogo for $4.1 billion (Bloomberg), while its Classifieds unit is in the middle of a sale process.
As part of Adevinta deal, the U.S. firm agreed to sell Schibsted the Danish assets of eBay classifieds group for $330 million, reducing the cash consideration from Adevinta to about $2.17 billion.
Adevinta has agreed to purchase eBay's Classifieds business unit in a deal worth roughly $9.2 billion. Norway-based Adevinta will pay eBay $2.5 billion under the terms of the deal, and will also ...
In 2019, the classifieds business made $1.1 billion in revenue, versus $7.6 billion for eBay Marketplace, which is weathering competition from larger online rivals like Amazon.
EBay Inc. EBAY 1.88% agreed Tuesday to sell its classified-ads business to Norway’s Adevinta ASA for $9.2 billion in cash and stock, in a deal that allows the online auction pioneer to refocus ...
EBay Inc.EBAY-0.39%decrease; red down pointing triangle is in advanced talks to sell its classified-ads business to Norway’s Adevinta ASA, according to people familiar with the matter, as the ...
Ebay has called a board meeting on Friday to select a buyer for its classified ads business in a deal potentially worth up to $10 billion, sources close to the matter told Reuters.
Elliot specifically named the classifieds unit along with eBay’s StubHub ticket marketplace, which was sold off not long ago for $4.05 billion.
Ebay Inc has agreed to sell its classified ads business to Norwegian group Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the companies said on Tuesday.
U.S. firm eBay Inc has agreed to sell its classified ads business to Norway's Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the companies said on Tuesday.
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