|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||31.50 - 32.37|
|52 Week Range||30.76 - 46.99|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.87|
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Chinese online retailer JD.com is staking a claim in China's ...
OTTAWA , Oct. 17, 2018 /CNW/ - This evening, eBay Canada , along with the Honourable Mary Ng, Minister of Small Business and Export Promotion and the Government of Canada , celebrated Canadian small and medium-sized businesses (SMBs) at the 14th annual eBay Entrepreneur of the Year Awards in Ottawa . "Small and medium sized businesses are the backbone of the Canadian economy. It is wonderful to see Canadian business owners leveraging e-commerce to reach new customers," said Minister Ng.
NEW YORK (AP) — Ebay filed a lawsuit against Amazon Wednesday, saying the online retail giant used eBay's messaging system to steal its sellers.
EBay.com Inc. on Wednesday filed a lawsuit against Amazon.com Inc. accusing the company of illegally poaching sellers on its marketplace via eBay’s internal messaging system. The lawsuit, filed in Santa Clara County in California, accuses Amazon of having “perpetrated a scheme to infiltrate and exploit eBay’s internal member email system” over the past few years. The alleged scheme was used by dozens of Amazon sales representatives in the U.S. and abroad to recruit high-value eBay sellers to Amazon, the lawsuit said.
Amazon’s illegal efforts "appear to be part of a larger pattern of aggressive, unscrupulous conduct," according to the complaint filed Wednesday in state court in San Jose, California. Amazon, through a spokeswoman, declined to comment. The company has said it was investigating EBay’s allegations, which came to light this month after the internet marketplace’s lawyers sent a cease-and-desist letter to Amazon.
According to reports from Wall Street, the ride sharing outfit is aiming to go public in early 2019. The latest one occurred as recently as August of this year, when it raised $500 million from Japanese automaker Toyota Motor Corporation ( TMC) at a valuation of $71.2 billion. Here are three of the biggest winners from an Uber IPO. SoftBank Group Corp.
eBay (EBAY) has experienced the pressure of activist investors before, and it could relive that experience soon. According to a Bloomberg report, eBay could be on its way to face another activist investor push in the near future. That is because several activist investors are believed to be setting their eyes on the company.
former director of Securities and Exchange Commission reporting, has been charged with insider trading, according to a recently unsealed document detailing the charges. acquisition of Xoom Corporation, which at the time was owned by eBay. Long allegedly purchased Xoom call options in late May 2015 shortly after PayPal made its initial acquisition offer.
The company has partnered with Red Pocket Mobile to sell wireless plans to people buying secondhand phones from the eBay marketplace. The eBay marketplace is a popular spot among consumers to browse for used phone deals. In the US, for example, a mobile phone is sold on eBay every four seconds.
The Securities and Exchange Commission unsealed insider trading charges on Wednesday filed September 28 against Bryan B. Long, a CPA who was eBay Inc.'s former director of SEC reporting. Long allegedly traded ahead of Xoom Corporation's acquisition by PayPal Holdings, which at the time was owned by eBay. The SEC's complaint alleges that Long obtained material non-public information about PayPal's impending acquisition of Xoom in the course of his work preparing PayPal's SEC filings. Long allegedly purchased Xoom call options in late May 2015 shortly after PayPal made its initial acquisition offer and approximately one month later, after learning that the deal was moving forward and could be announced in "early July," he allegedly illegally traded again, purchasing additional Xoom call options that were due to expire in less than a month. Long allegedly made almost $36,000 by selling all of the options after PayPal announced it was acquiring Xoom on July 1, 2015, according to the SEC. The investigation is ongoing.
Technical analysis suggests it may be about to get much worse for the stock, as it faces a decline of as much as 8% from its current price of $32.50. Directional options support the technical analysis. Some options traders are betting the stock falls 5% by the middle of January.
Mobile payments company PayPal (PYPL) partnered with retail behemoth Walmart (WMT) on October 11 to allow PayPal users to deposit cash as well as withdraw money at a brick-and-mortar store. The companies’ partnership could prove a boon to millions of customers who rely on PayPal for digital cash transactions and Walmart for their everyday needs.
The festive season, during which shopping lasts for several months until Christmas, is currently underway in India. The stage is set for a fierce competition between Amazon (AMZN) and Walmart (WMT) for festive spending in India. Walmart owns Flipkart, one of the leading e-commerce companies in India alongside Amazon.
SAN JOSE, Calif., Oct. 16, 2018 /PRNewswire/ -- eBay Fashion has teamed up with Emily Ratajkowski to curate her top holiday gifts from a selection of rare, new and vintage handbags, luxury watches and sneakers for eBay.com. A hand-picked selection of items debuted at eBay's Holiday event last week at Legacy Records (517 W. 38th Street), where the actress/model shared the gifts she plans on giving to everyone on her list and what she is coveting for herself this holiday season. "I love shopping on eBay because you are able to find amazing special pieces that you can't find anywhere else," said Emily Ratajkowski.
Toward the end of September, Amazon (AMZN) opened a new store called Amazon 4-star in a New York City neighborhood. The general store stocks an array of goods, including toys and kitchen appliances. It’s dedicated to selling highly rated items, meaning items that Amazon’s online shoppers have rated four stars and above. The opening of Amazon 4-star represents another step in Amazon’s efforts to grow its physical store presence.
Paul Allen was the man who originally convinced Bill Gates to drop out of Harvard and found Microsoft Corp. ( MSFT). Allen left Microsoft in 1983 due to Hodgkins Lymphoma, but remained on the board until 2000.
Square (SQ) announced earlier this month that it would start extending loans of up to $10,000 consumers as long as they are buying from merchants that use Square products or services. Square’s consumer lending product is called Square Installments. Its launch marks the expansion of the company’s credit business.
Tencent (TCEHY) has recently disclosed that it will invest $180 million for a minority stake in Brazilian financial technology company Nubank, known formally as Nu Pagamentos. Nubank is a provider of digital financial services, including payment processing. Tencent has said that its aim in becoming an investor in Nubank is to help the startup develop into a full-service finance platform for consumers.
Amazon (AMZN) hosts more than 2.0 million sellers on its marketplace, according to FactSet estimates cited by the Wall Street Journal. The company makes money from its sellers by taking a cut of the sales they make through its marketplace. For example, sellers pay to advertise their items on Amazon’s marketplace, and Amazon also earns revenue from processing payments and extending loans to sellers.
I sold a pair of collectable trainers on eBay some nine months ago. The person who bought them from me put in a return request as they found a small mark on one of the shoes.
The loss in value was due to the resignation announcement of the company’s chief financial officer (or CFO), Sarah Friar. On Wednesday, Friar declared that she will step down from the payments company and will join the San-Francisco-based social networking firm Nextdoor in December this year as CEO. In fact, according to a Bloomberg report, the departure of Friar could continue to pressure the stock in the coming months, as she was the face of the company and had served the company for six years.
It looks like a do-or-die situation for Amazon (AMZN) and eBay (EBAY) in their race to attract third-party sellers to their online marketplaces. Earlier this month, eBay accused Amazon of illegally poaching its sellers. According to eBay, a team of Amazon sales representatives has been involved in a scheme in which they send messages to eBay sellers to try to sway them to move to Amazon’s platform.
As much as PayPal (PYPL) is in heated competition with Square (SQ), LendingClub (LC), eBay-backed (EBAY) Adyen, and others for payment and loan customers, there comes a time when the company decides to put its foot down and kick out some customers. This happens when PayPal determines that a customer is in violation of its rules and is promoting hate, which is what happened recently in the case of Infowars. Last month, PayPal decided to terminate its business dealings with Infowars, a far-right American media platform run by controversial radio host Alex Jones.