eBay

Source says Icahn nearly has 2pct stake in eBay Inc

A source interviewed by Reuters said billionaire activist investor Carl Icahn had a higher stake in eBay than what was previously reported, saying that his stake was near 2%.

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eBay UK to start allowing sale of Bitcoins on February 10- report

The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.

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Amazon quietly acquires Silicon Valley-based mobile payments startup GoPago for new project

E-commerce giant Amazon may have quietly bought Silicon Valley-based mobile payments startup Gopago for an undisclosed amount for a new "ambitious" project, according to Italian newspapers.

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eBay CEO labels drone delivery of products a fantasy

Chief Executive Officer John Donahoe of eBay Inc said in an interview with Emily Chang on Bloomberg Television that the use of drones to deliver products to consumers is a fantasy.

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Black Friday online spending jumps 15% to $1.20B; more consumers opt to shop from home

With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.

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Amazon set to dominate online this holiday

Online shopping website Amazon is set to dominate this holiday season, rising above other ecommerce rivals and traditional retailers and hitting a 54% increase in its stock this year.

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E-commerce company Yebhi.com to raise up to USD50 million in venture funding

Indian e-commerce company Yebhi.com is looking to raise USD30 million to USD50 million from venture capital firms. If successful, Yebhi.com will follow leading online retailer Flipkart, which raised USD360 million.

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Snapdeal eyes new financing deal

A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.

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Greenwald to join Omidyar media venture after Guardian exit - sources

UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.

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Argos-eBay partner in new delivery scheme

The new system introduced by Argos and eBay would be allowing customers to pick up ordered items from eBay in Argos stores.

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Amazon splurges USD13.9 billion for warehouses

A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.

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PayPal expands to be a one-stop shop for customers' financial service needs

PayPal plans to expand so that it could be a one-stop shop for customers' financial services needs.

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Facebook hires first marketing chief from Google

Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief.

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PayPal mistake makes a man a chance quadrillionaire

PayPal's mistake made a resident from Pennsylvania the richest person alive for a few hours with exactly US$92,233,720,368,547,800.

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PayPal mistakenly credited a man with US$92 quadrillion

The online payment service, PayPal, erroneously credited Chris Reynolds with US$92 quadrillion.

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