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eBay office in Toronto, Canada. eBay Inc. (/ ˈ iː b eɪ / EE-bay, often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.
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[90] eBay has announced that from May 2013 it will retire some of its ticket categories on its UK website and will redirect users to the StubHub website to purchase them. [91] They began the merging process in January 2013 when listings on StubHub also appeared in search results on the eBay UK's tickets category. [91]
As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
It was the most visited e-commerce website in Russia [4] and was the 10th most popular website in Brazil. [5] It facilitates small businesses to sell to customers all over the world. AliExpress has drawn comparison to eBay, as sellers are independent and use the platform to offer products to buyers. [6]
In July 2020 eBay sold Gumtree UK to Adevinta ASA in a deal worth over $9 billion. On 1 December 2021 Adevinta ASA announced that it had completed the sale of Gumtree UK and Motors.co.uk to a consortium consisting of O3 Industries (“O3”), a New York-based family investment fund, and Novum Capital, a private equity firm based out of Frankfurt.
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