Welcome to our dedicated page for Ebay news (Ticker: EBAY), a resource for investors and traders seeking the latest updates and insights on Ebay stock.
eBay Inc. (EBAY) operates one of the world's largest digital marketplaces, connecting millions of buyers and sellers across 190 countries. This page serves as Stock Titan's definitive hub for tracking eBay's latest corporate developments, financial updates, and strategic initiatives.
Key resources include: Official press releases, quarterly earnings analysis, leadership announcements, and partnership disclosures. Investors gain insights into eBay's managed payments expansion, marketplace innovations, and global e-commerce trends through verified updates.
Monitor developments across financial performance, technology investments, and regulatory compliance. Our curated news feed simplifies tracking eBay's position in competitive online retail, collectibles authentication programs, and sustainability efforts.
Bookmark this page for real-time access to eBay's corporate communications, market-moving updates, and essential filings. Check back regularly for objective reporting on the company's evolving role in global digital commerce.
eBay has priced its cash tender offer for $1 billion of its 2.60% Notes due 2022. The offer, detailed in the Offer to Purchase, allows holders to exchange their notes for cash. The Tender Offer Consideration, calculated based on U.S. Treasury securities, is $1,024.39 per $1,000 of principal. The offer expires on March 23, 2021, at 5:00 PM New York City time. Successful participants will receive accrued interest, and notes not tendered will remain outstanding obligations of eBay. The company is not obligated to redeem any notes.
eBay Inc. (Nasdaq: EBAY) has launched a cash tender offer for its outstanding 2.60% Notes due 2022, totaling $1 billion. The offer commenced on March 17, 2021, with a deadline for tendering notes set for March 23, 2021. Holders must meet specific conditions to participate, including validly tendering their notes by the deadline. Following the offer's expiration, holders of accepted notes will receive accrued interest. The company retains the right to terminate the offer at any time. BofA Securities, Inc. is acting as the Dealer Manager for this tender offer.
eBay (NASDAQ: EBAY) announced that the UK Competition and Markets Authority (CMA) has reasonable grounds to believe that the remedies proposed by eBay and Adevinta address concerns regarding their transaction. The remedies involve the divestment of primary classifieds operations in the UK—Shpock, Gumtree, and Motors.co.uk. In 2019, the UK business accounted for less than 10% of eBay's revenue. The companies aim to finalize the transaction in Q2 2021, pending final CMA approval and other regulatory clearances.
eBay Inc. confirmed that the UK Competition and Markets Authority (CMA) has raised concerns over its proposed transaction with Adevinta ASA, indicating potential competition reduction in the UK market. eBay and Adevinta plan to propose legally binding solutions by February 23, 2021, to address these concerns and avoid further investigation. The CMA will review the proposals within five working days. In 2019, eBay's UK business accounted for less than 10% of its revenue, while Adevinta's UK operations represented 1%.
eBay Inc. reported strong financial results for Q4 and the full year 2020, with revenue of $2.9 billion, up 28%, and a total of $10.3 billion for the year, a 19% increase. GAAP net income for Q4 was $781 million ($1.12 per share), and $2.54 billion for the full year, marking a 68% rise. Active buyers grew by 7% to 185 million. The company advanced its managed payments initiative and launched new features for sellers. eBay aims for continued support for small businesses and innovation in its marketplace, forecasting revenue of $2.94 - $2.99 billion for Q1 2021.
eBay announced its plan to redeem all outstanding 6.00% Senior Notes due 2056, totaling $750 million, as per the Indenture from October 28, 2010. The redemption will occur on March 1, 2020, with the total redemption price being the principal amount plus accrued interest. The transaction will be processed through The Depository Trust Company. This action reflects eBay's strategic financial management and commitment to optimizing its capital structure.
eBay appointed Cornelius Boone as the new SVP, Chief People Officer, effective early February 2021. Boone will oversee all human resource functions, focusing on talent development, compensation, and diversity initiatives. He brings extensive experience from his previous role at American Airlines and a background in employment law. The announcement also mentioned that the current Chief People Officer, Kristin Yetto, will leave the company after nearly 18 years. CEO Jamie Iannone expressed confidence in Boone's leadership capabilities and commitment to eBay's culture.
eBay Inc. (Nasdaq: EBAY) announced on January 19, 2021, plans to explore strategic alternatives for its business in Korea. The goal is to maximize shareholder value and foster future growth opportunities. The company intends to keep stakeholders informed only if a significant course of action is approved by the Board. eBay connects millions of buyers and sellers globally and generated $86 billion in gross merchandise volume in 2019. Forward-looking statements in the release highlight potential risks and uncertainties surrounding the strategic review.
eBay has launched a festive sneaker initiative called the Santa Sneaker Drop, in collaboration with NBA star Anthony Davis. Beginning on December 22 and running through December 24, the virtual event features over 500 pairs of exclusive sneakers, including the Air Jordan 1 Travis Scott and Nike Air Max 97 Sean Wotherspoon. The initiative utilizes augmented reality technology, allowing users to participate from any location. Additionally, eBay partnered with Soles4Souls to donate 40,000 sneakers to kids in need.
FAQ
What is the current stock price of Ebay (EBAY)?
What is the market cap of Ebay (EBAY)?
