eBay sold its classifieds business unit to Adevinta for $2.5 billion of cash and 540 million shares of Adevinta, representing 44% ownership of the pro forma company and a ~33.3% voting stake. It valued the deal at approximately $9.2 billion. Read more
eBay announced in November it would sell its ticket marketplace StubHub to Viagogo this year. In a February 7th filing (published online today), UK regulators warned eBay to stop any integration activities between the two marketplaces while it continues its Read more
eBay is buying Cox Automotive Media Solutions to add to its Classifieds portfolio in Australia. According to Thursday’s announcement: “Today, eBay has agreed to acquire Cox Automotive Media Solutions, which owns CarsGuide.com.au and Autotrader.com.au, leading automotive platforms that make it Read more
Etsy is now the proud owner of a second online marketplace. On Thursday, it announced the completion of its acquisition of Reverb, an online marketplace for new, used, and vintage musical instruments. It had announced its intentions in July, and Read more
Etsy is acquiring music-gear marketplace Reverb for $275 million in cash. In announcing the news, Reverb founder and CEO David Kalt said Reverb would remain a standalone business, but with the added support of Etsy. “Your ability to buy, sell, Read more
There’s another reason to make sure your products have high customer ratings. Amazon is acquiring a company called eero, which makes products that improve wifi connectivity in the home. Amazon pointed out that eero has a 4.6-star product rating on Read more
Walmart is expanding its selection online and off through partnerships and through acquisitions. It is creating an automotive specialty store on Walmart.com in partnership with Advance Auto Parts; it’s introducing a new dedicated collectibles section in the entertainment department of thousands Read more
Stamps.com will acquire MetaPack Ltd., a UK company that provides an enterprise-level solution to global retailers and brands, for approximately $230 million in cash. MetaPack has 500 customers and processed over 550 million parcel shipments in 2017. It has 350 Read more
Amazon will buy online pharmacy PillPack, which offers pre-sorted doses of medications, home delivery, and a commitment to customer service, it announced on Thursday. Press release follows: Amazon and PillPack today announced that they have entered into a definitive merger Read more
Rue La La is acquiring rival Gilt Groupe, though the terms of the sale aren’t known. Once the darlings of ecommerce, flash sale sites have become passé, though Rue La La owner Michael Rubin insists it’s a model that’s alive Read more
