|Bid||0.00 x 1300|
|Ask||0.00 x 1000|
|Day's Range||34.56 - 34.92|
|52 Week Range||26.01 - 42.00|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||15.48|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||0.56 (1.61%)|
|1y Target Est||40.20|
Many investors are wondering is eBay Inc (NASDAQ: EBAY) worth buying. In the last days of November, news surfaced that eBay is selling StubHub for $4 billion in cash. StubHub is being returned to its co-founder that is now the CEO of Viagogo.
On Monday, December 9, eBay will celebrate the 12th anniversary of Green Monday, historically one of the company's busiest holiday shopping days. With thousands of amazing offers and new deals dropping every hour, the marketplace is launching the biggest December deals day of the year. Beginning at 5am PT / 8am ET (12/9), shoppers can score major savings on exactly that they want this holiday season, with a wide selection of gifts from fashion, home, toys, tech and more, all with free shipping at eBay.com.
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(Bloomberg) -- OYO Hotels, the SoftBank Group Corp.-backed startup that’s built up a large chain of branded hotels and vacation homes around the world, has elevated a key executive to the board to help it focus on profitability and quality control.Aditya Ghosh, who had served as OYO’s chief executive officer for India and South Asia, is stepping up to a board position and will be succeeded by Rohit Kapoor, the company’s current new real estate businesses chief. On the board of directors, Ghosh joins founder and group CEO Ritesh Agarwal, SoftBank Vision Fund Managing Partner Munish Varma and recent addition Betsy Atkins, an early investor in Yahoo and EBay Inc, among others.Before joining OYO a year ago, Ghosh headed up India’s leading budget airline Indigo. He is now set to focus on sustainability and the path to profitability, OYO said in a statement on Monday. Ghosh will oversee a wide portfolio of business areas, spanning safety and security, customer experience, corporate governance, revenue management and stakeholder communications. OYO has been growing at a rapid speed, but its reputation has been tarnished along the way by customer complaints about bad experiences and grievances about poor or unfair treatment from several of the over 20,000 hotel owners in its chain.Citing Ghosh’s strong business acumen and track record, OYO group CEO Agarwal said he is “the perfect choice for this larger and more strategic role, at a global level.” Ghosh said he would further build OYO as a global brand “by not just growing fast but growing right.”OYO, based in Gurgaon in the suburbs of India’s capital New Delhi, was founded six years ago by then-teenager Ritesh Agarwal. For India’s budget travelers, OYO’s promise of standardized and predictable quality stays was a breath of fresh air from a hotel-booking market that was rife with misleadingly pretty online photos that bore little resemblance to the decrepit rooms found upon arrival. The company’s staff help hotel owners upgrade everything from linen to bathroom fixtures to toiletries, with a bright red OYO sign acting as a seal of approval, encouraging travelers to book on its website. OYO takes a cut of roughly 20%.SoftBank’s Vision Fund has so far invested approximately $1.5 billion in OYO pushing its valuation to $10 billion. Other investors include Airbnb Inc., Sequoia Capital and Lightspeed Venture Partners. OYO is the first Indian startup to achieve global scale, growing quickly in major markets like China and the U.S.Earlier this year, Agarwal, now 26, announced that he was borrowing about $2 billion to buy back a 20% OYO stake from other investors, with help from financial institutions. SoftBank Group founder Masayoshi Son personally guaranteed the loans to Agarwal, according to one person familiar with the matter, and among the institutions funding the buyback was Japan’s Mizuho Financial Group Inc., other people familiar with the matter have said. Mizuho has declined to comment.To contact the reporter on this story: Saritha Rai in Bangalore at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Is eBay Inc (NASDAQ:EBAY) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […]
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(Bloomberg) -- Online marketplaces Amazon.com Inc. and EBay Inc. are entering the holiday shopping season fending off reports about products with high mercury levels being sold on their websites, yet more evidence that the convenience of online shopping carries product safety risks.Activist groups including the Sierra Club purchased 158 skin-lightening products from Amazon and EBay marketplaces in 12 countries -- including the U.S. -- and found 60% were contaminated by mercury.“One major problem is that none of the products list mercury as an ingredient on the label, so it is impossible for an individual to know the product could be deadly,” said Sonya Lunder, spokeswoman for the Sierra Club, which partnered with Zero Mercury Working Group and The Beautywell Project on the product tests.Many of the brands have already been identified by the U.S. Food and Drug Administration and other government agencies for mercury contamination, which should make it easy for marketplaces to keep the products off their sites, she said.An Amazon spokeswoman said the products are prohibited and “are no longer available.”“All Marketplace sellers must follow our selling guidelines and those who don’t will be subject to action, including potential removal of their account,” the spokeswoman said.The company said it uses tools to scan products on the site and block those suspected of violating its polities.EBay, in an emailed statement, said it is reviewing the report to make sure it is removing any contaminated products.“Consumers can shop EBay’s 1-plus-billion items with confidence, knowing we have key partnerships and processes in place with product manufacturers and regulators to ensure a safe shopping experience,” EBay said.Mercury is a frequent ingredient in a fast-growing market for skin-lightening creams and soaps. The market is estimated to be worth about $20 billion annually, which includes legitimate and safe products, counterfeits of those products, and the cheap soaps and creams that are most likely to contain mercury.“This is really just the tip of the iceberg of a much bigger problem,” said Janet Nudelman, director of the Campaign for Safe Cosmetics launched by Breast Cancer Prevention Partners. “The real problem is big companies like Amazon don’t have adequate processes in place to make sure the beauty products they are selling are safe, so watchdog groups have to police the site for them.”Online marketplaces, which connect buyers and sellers on digital platforms, can be havens for unsafe and counterfeit products. For that reason, government and advocacy groups often purchase products on the sites and test them.In May, Amazon agreed to tighten the quality control standards on its marketplace after an investigation by Washington’s attorney general determined Amazon had sold more than 15,000 products -- including children’s jewelry and school supplies -- containing illegal levels of the toxic metals lead and cadmium.(updated with quote in 11th paragraph)\--With assistance from Matt Day.To contact the reporter on this story: Spencer Soper in Seattle at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Andrew Pollack, Robin AjelloFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
British actor John Boyega said on Wednesday that he left his copy of the closely-guarded script for the new "Star Wars" movie under his bed, and that it ended up for sale on eBay. Boyega, who plays Stormtrooper turned resistance fighter Finn in "Star Wars: The Rise of Skywalker," told U.S. television show "Good Morning America" that a cleaner had found the script and put it on the eBay auction site.
To give holiday shoppers more gifting inspiration just in time for the peak cyber shopping week, eBay is releasing a digital Toy Book bursting with a broad selection of rare, retro and right now toys for kids of all ages. Shoppers will find everything from collectible Star Wars retro action figures to an exclusive Star Wars 75 comic, the Nintendo Game Boy of yesterday to the latest Nintendo Switch Lite of today, tons of family fun games, Barbies, plushies, S.T.E.M. toys, unique stocking stuffers and so much more.
Moody's Investors Service ("Moody's") says eBay Inc. ("eBay") (Baa1, stable) on November 25 announced plans to sell StubHub, its online ticket exchange platform, for a little over $4.0 billion in cash to Viagogo, a Swiss ticket reseller (unrated). The sale is credit negative for eBay because it will reduce its revenue diversification and place more focus on its core marketplace operations, whose growth rates have consistently lagged those of e-commerce overall.
Ebay’s last boss Devin Wenig hated the idea of breaking the ecommerce company apart. On Monday, eBay announced it was selling sports and concerts ticket exchange StubHub to Viagogo in an all-cash $4bn deal. Viagogo is run by Eric Baker, who co-founded StubHub.
Investing.com -- More happy talk from China on trade, while Fed Chairman Jerome Powell sees the economy's glass as "more than half full" (so no more rate cuts for now). Elsewhere, eBay keeps up the flurry of M&A; activity and the UN takes a swipe at countries for failing to live up to their Paris Accord pledges. Here's what you need to know in financial markets on Tuesday, 26th November.
U.S. consumers spent approximately $57.5 billion dollars between November 1st to November 28th, according to Adobe Analytics. Meanwhile on Thanksgiving Day alone, consumers are expected to have spent $4.4 billion dollars by the end of the day. Erin Sykes, Retail and Sales Strategy Expert, Consultant, and QVC Guest Host, joins Yahoo Finance's The Ticker to discuss.