The Online trading platform Ebay sold its Internet ticket exchange Stubhub for 4,05 billion dollars (3,68 billion Euro) on their Swiss rivals Viagogo. An agreement the companies announced on Monday. The Deal is to be completed by the end of the first quarter of 2020, will need to be approved, but by Supervisory authorities. Viagogo - the world's leading Online Ticket marketplace for sports, music and entertainment Events - wants to pay the purchase price entirely in cash. Alternatives to eBay classifieds: Here you can find a good bargain, eBay has sold Stubhub for approximately $ 4 billion. Pixabay Ebay sold the business, under pressure from influential hedge Fund, which demanded to increase the share value of one division of the US group. In addition to the sale of Stubhub, the financial investors Elliott Management and Starboard Value, had insisted on the separation of EBay's Classifieds business. For this purpose, the German offers, Ebay classifieds and mobile.de.In September, EBay CEO Devin was Little kicking in the Wake of the dispute with the hedge Fund. Chief financial officer Scott legs transition took the lead. The Deal with Viagogo to be a "great result", of the shareholders in the long term, are likely to benefit, declared this now. On the stock exchange of Stubhub-selling was well, EBay's share first increased sharply. eBay will exchange PayPal: users can get new payment options eBay is struggling with growing competition, The California-based company had lost due to the separation of the Ex-subsidiary, Paypal, in 2015, its growth drivers. Ebay struggles with the increased competition in the Online trade, where rivals like Amazon or Alibaba to make pressure. The shares of the group had fallen in the past three months by almost ten percent, the last time Ebay had a stock of nearly $ 30 billion. Revenue by saving sales could keep the shareholders happy. Download: eBay App, eBay classifieds iPhone- / iPad-App 7.11 -assessment of
Very good With the free iOS App "eBay" offers classifieds, the Online auction house for local and regional ads for a mobile platform.
Download eBay classifieds - Android App 8.2.0 -rating
Good The listings of the Online platform "eBay", you can read classified ads, you now also on your Android Smartphone for free. Self-on-the-go advertising is possible.
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Date Of Update: 21 December 2019, 21:24
