EBay To Acquire TCGplayer For Up To About $295 Mln

RTTNews | 1183 dagar sedan
EBay To Acquire TCGplayer For Up To About $295 Mln

(RTTNews) - eBay Inc. (EBAY), a global commerce company, and TCGplayer, a trusted marketplace for collectible card game enthusiasts, announced they have entered into an agreement for eBay to acquire TCGplayer for a total deal value of up to approximately $295 million.

The deal builds on eBay's offerings in the trading cards category and brings even more selection to enthusiasts.

Trading cards are an attractive category, which has seen substantial growth. TCGplayer is a leading technology platform for the collectibles industry, and will continue to operate autonomously as one of the largest online marketplaces for trading card games.

The deal is subject to customary closing conditions, including requisite regulatory approvals, and is expected to close in the first quarter of 2023.

read more
EBay Launches New Luxury Consignment Service

EBay Launches New Luxury Consignment Service

eBay, Inc. (EBAY) announced Tuesday the introduction of a new consignment service, giving users direct access to expert sellers who will list and sell their luxury items on their behalf.
RTTNews | 797 dagar sedan
EBay To Lay Off About 500 Employees Or 4% Of Its Workforce

EBay To Lay Off About 500 Employees Or 4% Of Its Workforce

In a message to employees, e-commerce company eBay, Inc.'s (EBAY) CEO Jamie Iannone said he will be eliminating about 500 employees from their jobs over the next 24 hours. This number represents about 4% of the company's total employee base.
RTTNews | 1013 dagar sedan
European Stocks Close Lower After Cautious Session

European Stocks Close Lower After Cautious Session

European stocks closed weak on Monday as investors largely stayed cautious, looking for fresh data for directional clues. Worries about Artificial Intelligence bubble, and uncertainty about monetary policy moves by major central banks including the Federal Reserve weighed on stocks.
RTTNews | 1h 17minuter sedan
Canadian Market Recovers After Early Setback

Canadian Market Recovers After Early Setback

After recovering from an early setback Monday morning that saw the benchmark S&P/TSX drop by more than 130 points, Canadian stocks recovered lost ground and are turning in a mixed performance with investors digesting the nation's inflation data, and looking ahead to fresh economic reports from the U.S. for directional clues.
RTTNews | 2h 17minuter sedan
EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

The European Commission said the euro area economy is set to grow more than projected in spring this year driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets. In the Autumn Forecast released on Monday, the EU raised its economic growth outlook for the current year to 1.3 percent from 0.9 percent.
RTTNews | 6h 43minuter sedan