DOJ investigating alleged criminal actions by eBay
Last Updated on Friday, 28 October 2011 03:20 Written by a2e Friday, 28 October 2011 03:20
SAN FRANCISCO (AP) — Federal prosecutors are investigating whether employees of online marketplace operator eBay Inc. wrongfully used confidential information from Craigslist to build its own classifieds site.
The investigation was disclosed in a copy of a grand jury subpoena obtained by The Associated Press on Tuesday. The subpoena was issued Sept. 7 by the Department of Justice in U.S district court in San Jose.
The subpoena seeks information and documents about incidents in which eBay employees allegedly misappropriated confidential information from the online classifieds site. The subpoena, which was reported previously by Reuters, aims to gather information and supporting documents related to a number of incidents in which eBay employees "engaged in alleged criminal activities and misconduct focused around the misappropriation of proprietary/confidential information from Craigslist."
http://enews.earthlink.net/article/tec?guid=20110913/a9eb4f4f-df22-4f22-98cf-45f9e401553a
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eBay Denies the End of Auctions
Last Updated on Friday, 28 October 2011 03:20 Written by a2e Friday, 28 October 2011 03:20
eBay denied it was ending the auction format in October after a report surfaced on its Seller Central discussion board today. After being inundated with emails about the report, I checked in with eBay spokesperson Johnna Hoff, who said the rumor was absolutely untrue. "Auctions make up 40% of our business; we are not ending that format."
The allegation that eBay was ending auctions came from someone who posted using a newly created User ID who claimed to be an eBay employee by the name of John Delson working in "Seller Development." He wrote that on October 1st, 2011, eBay, Inc, on ALL eBay country locations (.co.uk, .jp, .com, etc) would be ending the auction listing format, and that on February 22nd, anyone selling on the eBay website would have to have at least 7,500 items in stock and ready for shipment and would have to submit proof of ownership.
http://blog.auctionbytes.com/cgi-bin/blog/blog.pl
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eBay and RIM Offer eBay Application for BlackBerry Smartphones
Last Updated on Thursday, 1 July 2010 09:20 Written by a2e Thursday, 1 July 2010 09:20
Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in wireless innovation, and eBay, a global leader in mobile commerce and the world’s largest online marketplace, jointly announced that the free eBay Application for BlackBerry® smartphones is immediately available on BlackBerry App World™ in six more countries: Australia, France, Germany, Italy, Spain and the United Kingdom.* The application is also now officially available to North American BlackBerry smartphone users after a successful beta preview period.
”We are thrilled to be extending eBay’s mobile presence to millions of BlackBerry smartphone users around the globe,” said Steve Yankovich, vice president of platform business solutions and mobile at eBay Inc. ”When developing any mobile application, we take into account the unique features and advantages of the device to better meet our customers’ needs. With BlackBerry’s Push Service and multi-tasking technology, eBay buyers and sellers are able to stay up-to-date on great deals and sales.”
With the eBay Application for BlackBerry smartphones, users can search, bid, buy and check their eBay buying and selling activity virtually anywhere. The application leverages the BlackBerry® Push Service to allow users to be wirelessly notified of the status of eBay listings in real-time. With alerts, eBay buyers can be notified when they have won an item or have been outbid, or if a listing on their Watch List is ending soon. Further, eBay sellers can be notified when a sale ends and will be provided with buyer information and the sale price. All notifications are directed to the user’s BlackBerry® Email inbox and, because the BlackBerry OS supports multi-tasking, users can simply click the email notification to automatically launch or switch to the eBay application.
“The idea of making eBay listings more conveniently accessible and manageable on BlackBerry smartphones is a ’natural’, and the seamless mobile experience enabled by the unique push-based BlackBerry platform provides a perfect complement to the purchase process,” said Alan Brenner, senior vice president, BlackBerry Platform at Research In Motion.
The official eBay Application for BlackBerry smartphones includes features such as:
· Add to Calendar – Add the end time for listings to the BlackBerry Calendar and set reminders
· Daily Deals – View limited time bargains on popular items, where items are often over 50% off the original price and include free shipping**
· My eBay – Access personal eBay activity including Watched items, Bids, Sales, Saved Searches and Favorite Sellers
· Member Messages – Receive and reply to messages and emails sent through My eBay
· Payments – PayPal account users can purchase items within the application***
· Re-List Items – Re-list items for sale when current listing ends with no sale
· Sort Search Results by Distance – Sort search results by distance from location (up to 1,200 miles)
As a leading force in global mobile commerce, eBay Inc. is expected to generate $1.5 billion in gross merchandise volume (GMV) in 2010 through its mobile platforms. With the international availability of the eBay Application for BlackBerry smartphones, more mobile shoppers will have access to the 200+ million listings across eBay’s global marketplace. Today, over half of eBay’s mobile GMV comes from outside the United States.
For more information on the eBay Application for BlackBerry smartphones, please visit www.blackberry.com/ebay.
To view a demo of the eBay application for BlackBerry, please visit: http://www.youtube.com/watch?v=uhDB2XVLKd0
Availability
The eBay Application for BlackBerry smartphones is free and is now available on BlackBerry App World in North America, Australia, France, Germany, Italy, Spain and the United Kingdom (www.blackberry.com/appworld).
*The eBay application supports BlackBerry smartphones running BlackBerry OS version 4.5 or higher and requires a BlackBerry service plan that includes Internet access. The application also requires access to a wireless network.
**Daily Deals are currently only available on Australia, Canada, Germany, United Kingdom and United States versions of the eBay Application for BlackBerry smartphones.
***Purchasing items in the eBay Application for BlackBerry smartphones with PayPal is only available in Australia, the United Kingdom and the United States.
About eBay Inc.
Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects millions of buyers and sellers globally on a daily basis through eBay, the world’s largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.
For more information on eBay mobile, visit www.ebay.com/mobile.
EBay apps make it No. 1 mobile retailer in U.S.
Last Updated on Monday, 28 June 2010 04:00 Written by a2e Monday, 28 June 2010 04:00
EBay apps make it No. 1 mobile retailer in U.S.
Tim L. Fields bids on jewelry, art and antiques on eBay Inc., sometimes in 30 to 40 auctions at one time.
The New Orleans attorney spends hours away from his PC, so he gets his shopping done using an eBay app on his iPhone that sends alerts when he’s been outbid or when a sale is about to expire. EBay’s apps have allowed it to grab the lead over rival Amazon.com in a new market.
"It’s sort of an addiction," says Fields, who has used the eBay mobile app to buy a $15,000 set of antique French silver.
After losing ground to Amazon.com for years in online retailing, eBay has emerged as a leader in mobile commerce. As consumers increasingly shop with their BlackBerrys, iPhones, and handsets powered by Google Inc.’s Android software, eBay has become the top mobile retailer in the United States, according to Colin Gillis, an analyst at BGC Partners LP in New York.
Rest of the article here:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/06/27/BUJE1E4CGO.DTLAnd;type=business
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ListFree.org – Free Press Release portal …
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eBay and Gmarket Founder Plan Asia Expansion
Last Updated on Monday, 10 May 2010 03:21 Written by a2e Monday, 10 May 2010 03:21
eBay Inc. and Young Bae Ku, the founder of Gmarket, Korea’s leading e-commerce company acquired by eBay in 2009, today announced a joint venture agreement to expand Gmarket’s existing online marketplaces in Japan and Singapore. The agreement will strengthen eBay’s presence in Japan and Singapore — where the e-commerce markets are expected to grow by 30% and 13% respectively between 2009 and 2012–and provide a foundation for longer term expansion of Gmarket into other Asian markets.
“eBay’s partnership with Young Bae Ku combines his expertise in Asia and Gmarket’s proven Korean online marketplace model to enhance our long-term position and growth in the region,” said Lorrie Norrington, president of eBay Marketplaces. “This joint venture is a sign of our continued commitment to help grow and lead ecommerce across Asia by offering more opportunities for sellers and extraordinary buying experiences for consumers.”
Upon the launch of the new joint venture, Mr. Ku will be chief executive officer for the new entity and will drive the vision for Gmarket’s future growth and expansion in the Asian market. As the founder of Gmarket, Mr. Ku led and oversaw the rapid growth of the online marketplace as it became Korea’s leading e-commerce company and expanded into other Asian markets. The formation of a joint venture will allow Mr. Ku and the new entity to take advantage of Gmarket’s existing presence in Japan and Singapore and its highly scalable platform for rapid product innovation.
“We are excited to join with eBay, one of the world’s most recognized e-commerce brands, in combination with our management team’s proven track record of establishing successful online marketplaces,” said Mr. Ku. “The joint venture will allow us to provide an enhanced e-commerce experience tailored for the Japanese and Singaporean markets, and to capitalize on our companies’ experience in the Asian e-commerce industry.”
eBay will have a 49% stake in the joint venture, and an entity owned by Mr. Ku will have a 51% stake. eBay will contribute assets from Gmarket’s existing Japanese and Singaporean businesses to the joint venture, and eBay and Mr. Ku will make financial contributions of approximately US$10 million each to the joint venture. eBay will also license Gmarket’s technology and brand on behalf of the joint venture, while Mr. Ku will provide local management expertise.
In June 2009, eBay Inc. acquired Gmarket for a total cash purchase price of approximately $1.2 billion. Gmarket is Korea’s leading online marketplace, and is a key component of eBay’s Marketplaces segment. The acquisition strengthened eBay’s e-commerce business in Korea and provided a platform for the company’s expansion throughout Asia. In the first quarter of 2010, eBay’s combined Korean businesses exceeded expectations and the ongoing integration of eBay’s existing Korean business, Auction Co. (formerly Internet Auction Co.), and Gmarket is proceeding well. The new joint venture will not impact eBay’s businesses in Korea.
EBay Declines as Turnaround Effort Falls Short
Last Updated on Thursday, 22 April 2010 02:00 Written by a2e Thursday, 22 April 2010 02:00
EBay Declines as Turnaround Effort Falls Short of Expectations
April 22 (Bloomberg) — EBay Inc. fell as much as 8.8 percent in late trading after its profit forecast missed estimates, a sign Chief Executive Officer John Donahoe is struggling to stem the loss of customers to Amazon.com Inc.
Second-quarter profit will be 37 cents to 39 cents a share, excluding one-time items, the San Jose, California-based company said yesterday in a statement. Analysts in a Bloomberg survey had estimated 40 cents on average.
Donahoe is trying to revive growth at EBay’s main e- commerce site after the recession and a drop in demand for online auctions crimped revenue. He has expanded inventory, beefed up fraud protection for buyers and steered the company away from auction sales. Investors expected a bigger payoff last quarter, especially after upbeat signals from retailers such as Best Buy Co., said Colin Gillis, an analyst at BGC Financial LP.
“We saw the strongest numbers from retailers we’ve seen in many months,” Gillis said. The New York-based analyst has a hold rating on EBay shares, which he doesn’t own. “Everyone thought we would have blowout numbers.”
EBay fell as much as $2.32 to $23.97 yesterday in extended trading. The shares, which had gained 12 percent this year, closed at $26.29 in regular Nasdaq Stock Market trading.
Revenue in the second quarter will be $2.15 billion to $2.2 billion, EBay said. Analysts had anticipated $2.21 bil …
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Chartpoppers.com release Consolidated Investment Analysis of Ebay Inc.
Last Updated on Saturday, 13 March 2010 04:15 Written by a2e Saturday, 13 March 2010 04:15
Chartpoppers.com announces an investment report featuring company Ebay Inc. (NASDAQ:EBAY)
eBay Inc. (eBay) provides online marketplaces for the sale of goods and services, as well as other online commerce, or ecommerce, platforms, online payments services and online communications offerings to a diverse community of individuals and businesses. The Company has three business segments: Marketplaces, Payments and Communications.
The Consolidated Investment Analysis on eBay Inc. (NASDAQ: EBAY) will be in particular interest to other competing companys within in its sector, such as Google Inc. (NASDAQ: GOOG), Wal Mart Stores (NYSE: WMT) and Amazon.com Inc. (NASDAQ: AMZN)
To view the Consolidated Investment Analysis on Ebay Inc. (NASDAQ:EBAY) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
