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 ...

FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach/File Photo 31,170 people played the daily Crossword recently. Can you solve it ...

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. Ebay ...

Following pressure from shareholders to offload noncore business units, eBay Inc. will reportedly sell its online classified ad unit in a deal worth nearly $9 billion. The Wall Street Journal reported ...

EBay Classifieds is teaming up with search advertising network adMarketplace to augment the search experience for mobile and tablet users as the site experiences an influx of visitors from mobile ...

EBay Inc. is taking steps toward a potential sale of its classified-ads business, which could be worth roughly $10 billion, according to people familiar with the matter. Private-equity firms including ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Ecommerce giant eBay has confirmed that it’s carrying out an operational ...

Management says it's considering a sale of these noncore businesses. In order to improve its focus on growing its core business, investors want to see eBay reassess its portfolio of brands and ...

eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had ...

Activist shareholder Starboard Value LP on Tuesday piled more pressure on eBay Inc to sell off its classifieds business, saying it had not made enough progress to improve shareholder value. The ...

On January 22, 2019, Elliott Management Corporation wrote a letter to eBay Inc (NASDAQ: EBAY, $33.69, Market Capitalization: $32.4 billion)’s Board of Directors outlining a significant value-creation ...

EBay chief executive officer Devin Wenig stepped down Wednesday, citing differences with the company’s recently revamped board, which is looking to sell some of its businesses amid pressure from ...