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eBay & Woolworths to help buyer select pickup shop online
2015-02-25 10:54:31| Grocery - Topix.net
With the new service, buyers will be able to choose from more than 40,000 items on eBay and collect orders from their choice of more than 90 Woolworths and BIG W stores across Sydney and Tasmania, where the service will initially be launched, eBay said in a statement. The new service starts in response to the growing online retail landscape and consumer demand.
Ebay to cut 2,400 jobs, sell Enterprise division
2015-01-22 09:06:00| Telecompaper Headlines
(Telecompaper) Ebay announced plans to cut 2,400 jobs in the first quarter, as it prepares for more changes in its structure. This is equal to around 7 percent of its workforce. In addition to the planned spin-off of PayPal in the second half of this year, the company said it now plans also to sell or list on the stock market its unit eBay Enterprise. Ebay said the business has limited synergies with its other activities. The company also announced a standstill agreement with investor Carl Icahn, the company's largest active shareholder. The agreement appoints Icahn Capital executive Jonathan Christodoro to eBay's board of directors. Wall Street executives Frank Yeary and Perry Traquina were also named to eBay's board. The changes came alongside fourth-quarter results showing eBay's revenues up 9 percent to USD 4.92 billion, and net profit up 10 percent to USD 936 million.
EBay to cut 2,400 jobs this quarter
2015-01-22 02:14:28| BBC News | Business | UK Edition
US e-commerce giant eBay is planning to cut 2,400 jobs in the first quarter, the company said on Wednesday.
Engine Capital says together the companies could rival eBay enterprise unit.
2014-12-30 19:17:32| Logistics - Topix.net
"As a result of the stock appreciation of PFSW and the stock decline of SPDC over the past 12 months, the Ebitda multiples of both companies have now converged to a point where a combination of both companies is doable," Engine managing partner Arnaud Ajdler wrote in a letter to the boards of both companies made public on Monday. "The historical reason for not merging the companies is no longer an obstacle."
Tags: companies
capital
engine
unit
EBay May Finally Have Serious Rival If Speed Commerce Merges With PFSweb
2014-12-30 19:17:31| Logistics - Topix.net
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