Ebay Sells Stake Back To Craigslist; Prepares For Split With PayPalE-commerce company eBay has sold its 28.4 percent stake in Craigslist back to the online classified advertising site, ending years of legal wrangling between the two companies.
Alibaba May Prefer Seattle Rather Than San Francisco For Its U.S. HeadquartersThe e-commerce giant's biggest rival, Amazon, is already based out of Seattle.
Alibaba Sets $68 Per Share Price Ahead Of Friday Debut On NYSE; May Be Largest IPO In HistoryThe Chinese e-commerce powerhouse is expected to start trading Friday on the NYSE in an IPO that values it at $167.62 billion, bigger than the current market value of Amazon, Cisco, and eBay.
Facebook Tests ‘Buy’ Button To Help Businesses Boost SalesFacebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network.
Tech Report: Shopping Startup Fab Grows QuicklyE-commerce startup Fab is quickly growing. The company, which uses flash sales to sell products, is expected to reach 8 million users in the next week.
Yahoo To Sell Half Its Alibaba Stake For $7.1 BillionStruggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
EBay Revenue Higher In 2nd Quarter; Profit Falls On AcquisitionEBay Inc.'s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business - although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.