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Ebay is being forced to offload its “primary classifieds operations in the UK” in order for its $9.2 billion merger to go ahead.
The UK Competition and Markets Authority (CMA)…
Read MoreEbay’s $9.2bn sale of Gumtree under threat as CMA steps in
Ebay’s $9.2 billion sale of Gumtree could be placed under an in-depth investigation by the UK’s competition watchdog over concerns it could reduce competition.
The Competition and Markets Authority (CMA)…
Read MoreAmazon UK traffic grew 32% last year as ecommerce sites dominated top 100
Amazon saw its UK site traffic jump 32 per cent last year as ecommerce platforms dominated the 100 most visited websites of the year.
According to a new study from…
Read MoreEbay posts “best quarter in 15 years” as shoppers and sellers flock to the platform over lockdown
Ebay has seen 8 million new active shoppers visit the platform during lockdown, more than the last six quarters combined.
The online marketplace achieved record numbers of both sellers and…
Read MoreDaily Briefing – All the Retail Technology News you need to know today (July 22)
You can read each story in full below:
Ebay sells Gumtree in $9bn deal which will create the worlds largest classified ads business
Amazon rolls out Scout delivery robots to…
Read MoreEbay sells Gumtree in $9bn deal which will create the worlds largest classified ads business
Ebay has officially sold Gumtree in a deal worth over $9 billion to Adevinta which will now become the world’s largest classified ads business.
Adevinta paid Ebay $9.2 billion (£7.26…
Read MoreBoom or Bust: Charged’s definitive guide to Black Friday 2019
Black Friday (BF) fatigue is officially starting to set in, both for shoppers trying to keep track of all the deals and for journalists like us trying to keep track…
Read MoreEbay shares drop as it slashes forecasts for holiday quarter
Ebay has slashed its outlook for the full year amid its third quarter results, sparking concerns among investors it could struggle in the upcoming holiday season.
Shares in the ecommerce…
Read MoreEbay’s CEO David Wenig quits abruptly over disagreements with board
Ebay’s chief executive and president David Wenig has abruptly stepped down after stating that he was “not on the same page” as its new board. Wenig, who had helmed the…
Read MoreEbay to scrap its third-party advertising network amid wider shakeup
Ebay has announced plans to scrap its third-party advertising network amid a broader restructure of its operations. As of May 1 Ebay’s Commerce Network, which allows its users to promote…
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