eBay wins approval for acquisition of South Korea's GmarketApril 23rd, 2009 EBay wins approval for SKorean acquisitionSEOUL, South Korea — Ebay Inc. has won regulatory approval to acquire online marketplace Gmarket, South Korea's antitrust watchdog said Thursday.
Aegis takes over South African outsourcerJuly 10th, 2009 JOHANNESBURG - Aegis Ltd, a Gurgaon-based business process outsourcing (BPO) provider and part of the Essar group, has announced the 100 percent acquisition of South African contact centre outsourcer CCN group. The acquisition, announced Thursday, is expected to boost South Africa's economy through a 500 million rand ($60 million) injection over three years and create 5,000 jobs.
EBay to sell stake in Skype for $2B, reverses puzzling 2005 acquisition of telecom serviceSeptember 1st, 2009 EBay to sell part of telecom service Skype for $2BNEW YORK — EBay Inc. is trading control of the online telecommunications service Skype for about $2 billion, reversing a 2005 acquisition that many analysts considered a head scratcher from the beginning.
French court rules against eBay for counterfeiting, orders damages paid to luxury group LVMHSeptember 18th, 2009 French court rules against eBay for counterfeitingPARIS — A French court has found eBay responsible for brand counterfeiting and ordered the online marketplace operator to pay the luxury group LVMH euro80,000 ($118,000) compensation for damages caused to famous perfume brands like Christian Dior and Kenzo. The Paris-based LVMH SA conglomerate had sued eBay Inc., accusing the San Jose, Calif.-based company of using its brands as keywords in Internet searches.
As part of turnaround, General Motors to test selling new cars on eBayJuly 10th, 2009 General Motors to try selling new cars on eBayNEW YORK — As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.
EBay to let users list up to 5 auction items per month with no listing feeMay 12th, 2009 EBay cuts auction listing fees for casual sellersNEW YORK — The online marketplace eBay is eliminating some upfront fees to attract more sellers who occasionally auction off items. San Jose, Calif.-based eBay Inc.
EBay Skype to sell stake in Skype for $1.9 billion in cashSeptember 1st, 2009 EBay Skype to sell stake in SkypeSAN JOSE, Calif. — EBay Inc.
EBay to roll out 'top-rated seller' program in move to reward merchants regardless of sizeJuly 27th, 2009 New eBay program aims to reward good sellersSAN FRANCISCO — EBay Inc. wants to attract more buyers to its online marketplace.
General Motors' partnership with eBay to sell new cars through Calif. dealers set to endSeptember 30th, 2009 GM's trial program selling cars on eBay set to endDETROIT — General Motors says it's ending a trial program that put new cars for sale in California on eBay as it shifts its focus to national marketing efforts. GM spokesman John McDonald said the trial was slated to end Wednesday, after a run of about six weeks.
EBay announces Skype spin-off planApril 15th, 2009 SAN FRANCISCO - Online auction house eBay said Tuesday that it plans to spin off its online telephony business Skype via an initial public offering by the middle of next year. The announcement was seen as an admission by the auction powerhouse that its $2.6-billion purchase of Skype in 2005 had not worked out as expected.
N.Korea suspected of being behind cyber attacks on S. Korea, USJuly 9th, 2009 WASHINGTON - North Korea is suspected of launching an unprecedented large cyber-attack this past weekend against South Korea and a smaller number of US government web sites. The Internet attacks are not isolated, but closely tied a broader North Korean military strategy, including its recent missile and nuclear weapons tests, the Christian Science Monitor quoted analysts, as saying.
EBay, GM expected to start trial program to sell new cars through online marketplaceAugust 11th, 2009 EBay, GM set to start car-selling trialSAN FRANCISCO — General Motors and eBay Inc. are expected to announce Monday that hundreds of the auto maker's California dealers will let consumers haggle over the prices of new cars and trucks through the online marketplace, as part of a previously disclosed trial.
EBay, GM expected to start trial program on Tues. to sell new cars through online marketplaceAugust 10th, 2009 EBay, GM set to start car-selling trial TuesdaySAN FRANCISCO — General Motors and eBay Inc. are expected to announce Monday that hundreds of the auto maker's California dealers will let consumers haggle over the prices of new cars and trucks through the online marketplace, as part of a previously disclosed trial.
EBay to sell majority of telecom service Skype for $2B, partly reversing puzzling 2005 dealSeptember 1st, 2009 EBay partially undoes Skype deal, selling majoritySAN FRANCISCO — Rather than enduring the uncertainty of spinning off the Skype telecommunications service through a public stock offering, eBay Inc. has found a different way out: It is selling the majority of Skype for about $2 billion to a group of private investors.
EBay, GM to start trial program to sell new cars through online marketplaceAugust 10th, 2009 EBay, GM to start trial program to sell new carsSAN FRANCISCO —Hundreds of General Motors' California dealers will let consumers haggle over the prices of new cars and trucks through the eBay online marketplace under a trial that begins Tuesday. About 225 of California's 250 GM dealers are set to take part in the program.