Edition:
India

eBay Inc (EBAY.OQ)

EBAY.OQ on NASDAQ Stock Exchange Global Select Market

37.40USD
13 Dec 2017
Change (% chg)

-- (--)
Prev Close
$37.40
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
2,332,916
52-wk High
$39.27
52-wk Low
$29.01

Latest Key Developments (Source: Significant Developments)

EBay Signs Agreement to Acquire Terapeak
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Ebay Inc ::SAYS HAS SIGNED AN AGREEMENT TO ACQUIRE TERAPEAK; FINANCIAL TERMS OF THE DEAL WERE NOT DISCLOSED‍​.  Full Article

EBAY SAYS TO MATCH PRICES ON SOME BLACK FRIDAY DEALS FROM OTHER MAJOR RETAILERS​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - eBay Inc ::‍BEGINNING MONDAY, EBAY WILL MATCH PRICES ON SOME BLACK FRIDAY DEALS FROM OTHER MAJOR RETAILERS​.  Full Article

EBay reports Q3 non-GAAP EPS of $0.48 from continuing operations
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - EBay Inc :EBay Inc reports third quarter 2017 results.Q3 revenue $2.4 billion versus I/B/E/S view $2.37 billion.Sees FY 2017 non-GAAP earnings per share $1.99 to $2.01 from continuing operations.Sees FY 2017 GAAP earnings per share $1.85 to $1.90 from continuing operations.Q3 non-GAAP earnings per share $0.48 from continuing operations.Sees FY 2017 revenue $9.53 billion to $9.57 billion.Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Q3 GAAP earnings per share $0.48 from continuing operations.EBay Inc - ‍gross merchandise volume (GMV) for quarter $21.7 billion, increasing 8% on an as-reported basis and 7% on a foreign exchange (FX) neutral basis​.EBay Inc - ‍GAAP operating margin decreased to 24.0% for Q3 of 2017, compared to 24.4% for same period last year​.EBay Inc - ‍in Q3, EBay added nearly two million active buyers across its platforms, for a total of 168 million global active buyers​.EBay Inc - ‍non-GAAP operating margin decreased to 29.6% in Q3 of 2017, compared to 29.9% for same period last year​.FY 2017 earnings per share view $2.00, revenue view $9.50 billion -- Thomson Reuters I/B/E/S.EBay - in quarter, ‍StubHub drove GMV of $1.2 billion, up 2%, and revenue of $275 million, up 5%, driven by continued growth in its international business​.  Full Article

eBay prices $2.5 bln senior unsecured notes offering
Wednesday, 31 May 2017 

May 30 (Reuters) - Ebay Inc :Ebay inc. Prices $2.5 billion senior unsecured notes offering.Ebay inc - ‍public offering price of 2023 floating rate notes is 100% of principal amount​.Ebay inc - ‍public offering price of 2020 fixed rate notes is 99.899% of principal amount​.Ebay inc - ‍public offering price of 2023 fixed rate notes is 99.955% of principal amount​.Ebay inc - ‍public offering price of 2027 fixed rate notes is 99.917%​.Ebay inc - pricing of $400 million of floating rate notes due 2023, $500 million of 2.150% notes due 2020, $750 million of 2.750% notes due 2023 and $850 million of 3.600% notes due 2027​.Ebay inc - ‍offering is expected to close on june 6, 2017​.  Full Article

eBay and aeropost.com enter expanded partnership
Monday, 13 Feb 2017 

eBay Inc :aeropost.com, ebay partner to provide shoppers in Latin America access to eBay.com listings by purchasing them on aeropost.com.  Full Article

Ebay reports quarterly GAAP earnings per share $0.38
Thursday, 21 Jul 2016 

eBay Inc : eBay Inc reports second quarter 2016 results . Q2 revenue $2.2 billion versus I/B/E/S view $2.17 billion . Board approves additional $2.5 billion stock repurchase authorization . Raises full year 2016 revenue and EPS guidance . Quarterly gross merchandise volume $20.9 billion versus $20 billion last year . Board approves additional $2.5 billion stock repurchase authorization . Says GAAP operating margin increased to 23.8 percent for Q2 of 2016, compared to 20.3 percent for same period last year . Says expects net revenue between $8.85 billion and $8.95 billion for 2016 . Says non-GAAP operating margin decreased to 29.1 percent in Q2 of 2016, compared to 32.1 percent for same period last year . Quarterly GAAP earnings per share $0.38 . Says expects net revenue between $2.16 billion and $2.19 billion for Q3 . Quarterly non-GAAP earnings per share $0.43 . Sees non-GAAP earnings per diluted share from continuing operations in range of $0.42 - $0.44 for Q3 . Says full year 2016, company expects net revenue between $8.85 billion and $8.95 billion . Sees Q3 GAAP earnings per diluted share from continuing operations in range of $0.35 - $0.37 . Expects Q3 net revenue between $2.16 billion and $2.19 billion . Q2 earnings per share view $0.42, revenue view $2.17 billion -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.44, revenue view $2.14 billion -- Thomson Reuters I/B/E/S.  Full Article

New York Yankees announce multi-year sponsorship agreement with Stubhub
Monday, 27 Jun 2016 

New York Yankees: Announce Multi-year sponsorship agreement with Stubhub . The new system will be fully integrated and operational by thursday, July 7 . New product will allow Stubhub to be completely integrated into the Yankees ticket system, replacing the Yankees Ticket Exchange . Financial terms of the agreement were not disclosed . Stubhub will receive full marketing, sponsorship benefits, including in-stadium signage, suite access, use of official team marks ((Bengaluru Newsroom +1 646 223 8780;)).  Full Article

New York Yankees are said to enter deal with StubHub for ticket reselling- Bloomberg
Monday, 27 Jun 2016 

: New York Yankees agree to 6 1/2-year, $100 mln deal with eBay subsidiary, StubHub for reselling Yankees tickets- Bloomberg, citing sources Source (http://bloom.bg/28ZbW3C) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Ebay announced an agreement to acquire Ticketbis
Tuesday, 24 May 2016 

Ebay Inc : Announced an agreement to acquire ticketbis . Terms of deal are not being disclosed . Acquisition of ticketbis is not expected to impact q2 2016 or full year 2016 guidance that ebay provided most recently .Stubhub to expand its global reach into 47 markets with the acquisition of ticketbis.  Full Article

Amazon.com Inc and eBay Inc to be held liable for VAT fraud by sellers - theguardian
Thursday, 17 Mar 2016 

eBay Inc:Amazon and eBay are to be held liable, in some cases, for VAT fraud committed by a growing army of overseas sellers using their websites and costing Britain hundreds of millions of pounds a year in lost tax receipts. - theguardian.The chancellor is giving tax inspectors new powers to warn high-risk overseas sellers active in the UK through eBay and Amazon.If, after those warnings, sellers do not correctly collect VAT within 30 days, eBay and Amazon can be held liable for the missing tax.The Treasury estimates this measure will recoup £875m in lost VAT receipts over the next four years, though it is not expected to halt tax fraud altogether.The total cost to the taxpayer of this abuse was officially estimated at £1bn to £1.5bn a year.The chancellor's crackdown comes four months after a Guardian investigation exposed widespread VAT fraud by sellers using the two websites.Last Christmas alone, the Guardian estimated that last Christmas alone that Treasury coffers lost tens of millions of pounds to VAT evasion as a growing number of non-EU sellers, including hundreds from China, dominated sales of popular gifts on Amazon and eBay.In Wednesday's budget speech , George Osborne acknowledged there had been a big rise in overseas suppliers storing goods in Britain and selling them online without paying VAT.  Full Article

BRIEF-EBay Signs Agreement to Acquire Terapeak

* SAYS HAS SIGNED AN AGREEMENT TO ACQUIRE TERAPEAK; FINANCIAL TERMS OF THE DEAL WERE NOT DISCLOSED‍​ Source text : http://bit.ly/2nXOaMh Further company coverage: