|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||41.72 - 42.76|
|52 Week Range||31.89 - 46.99|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sohn Conference co-founder Evan Sohn; Dylan Adelman, 2017 Sohn Idea Contest winner; and CNBC's Jim Cramer discuss the upcoming Sohn Conference and eBay's performance since Adelman pitched the stock for the Sohn Idea Content.
NewsGuard should run a rating system like eBay has for sellers of merchandise but keyed to the quantity and quality of subject matter of fake-news articles the way eBay rates its sellers.
In January 2018, Amazon (AMZN) raised its monthly Prime membership fee 18% to $12.99, but it kept its annual fee at $99. This price hike was viewed as an attempt by Amazon to get customers to sign up for the annual plan, as customers opting for the monthly plan could end up paying $156 per year under the new rates. Annual subscriptions make Amazon’s membership-fee revenue more predictable.
In December 2017, US Congress passed legislation that would allow American multinationals to repatriate their accumulated offshore profits at a maximum tax rate of 15.5% as opposed to 35% under the previous tax law. American multinational companies such as eBay, Alphabet (GOOGL), Facebook (FB), and Microsoft (MSFT) are expected to take advantage of the reduced tax rate to bring their accumulated foreign earnings back home. In light of the US tax reform, eBay says its aim is to preserve financial flexibility so as to have enough resources to execute on its strategies and drive long-term value creation.
Last month, as part of its push to drive cross-border trade on its platforms, JD.com (JD) opened a regional headquarters for Australia and New Zealand in Melbourne, Australia. The move for a regional office in Australia came at a time when JD was seeing strong demand for Australian and New Zealand products on its e-commerce sites. China’s expanding middle-class population is driving demand for high-quality imported products, and JD and its rival Alibaba (BABA) are making efforts to meet this demand.
Although running a logistics center appears to be the top priority for Amazon (AMZN) in going local in Israel, the company has also reportedly explored selling items to consumers in the country. It turns out that Amazon would avoid the food sector in its initial entry into Israel’s local market.