eBay Sells Classifieds Group To Adevinta

eBay sign at San Jose corporate offices

eBay announced the sale of its eBay Classifieds Group to Norway”s Adevinta ASA for $9.2B in cash and stock. However, eBay will receive 540 million Adevinta shares, making it the largest shareholder of Adevinta, representing 44% ownership and about a 33.3% voting stake. Unlike the StubHub deal, eBay continues to have an interest in the […]

eBay Classifieds Group Completes Acquisition of Cox Australia Media Solutions

eBay

eBay completes the acquisition of Cox Australia Media Solutions, which operates CarsGuide.com.au and Autotrader.com.au, and will become part of the eBay Classifieds Group. The deal, which combines the strength of Gumtree, CarsGuide.com.au and Autotrader.com.au, will create an attractive car-buying platform for Australian consumers. By harnessing their collective strengths, the acquisition will create a comprehensive automotive […]