eBay Inc.

News and overview for eBay Inc.

EBay, investor group settle Skype litigation - MarketWatch
MarketWatch | 17 days 1 hour 29 minutes ago
The settlement gives Skype ownership over all software previously licensed from the two companies. In exchange, Zennstrom and Friis will join the investor group that is taking a majority interest in Skype.


eBay Inc. Completes Sale of Skype [Press Release]
Business Wire | 3 days 17 hours 50 minutes ago
eBay Inc. (NASDAQ: EBAY) announced today that it has successfully completed the previously announced sale of its Skype communications unit in a deal valuing the business at $2.75 billion. The buyer, who will control an approximately 70 percent stake, is an investor group led by Silver Lake and includes Joltid Limited and certain affiliated parties, the Canada Pension Plan Investment Board and Andreessen Horowitz.


EBay earnings fall, though revenue beats forecast - MarketWatch
MarketWatch | 32 days 20 hours 9 minutes ago
For the third quarter, eBay reported earnings of $349.7 million, or 27 cents a share, compared to earnings of $492.2 million, or 38 cents a share, for the same period last year. Excluding charges related to stock-options and other items, the company said it would have earned $502 million, or 38 cents a share, for the recent period.


EBay shares slide on profit drop - MarketWatch
MarketWatch | 32 days 3 hours 45 minutes ago
"The fundamentals look pretty good on the quarter; it's the [fourth-quarter] guidance that looks a little light," said Aaron Kessler of Kaufman Bros. after results were released late Thursday.


Ebay, Amgen results on tap for evening session - MarketWatch
MarketWatch | 32 days 21 hours 13 minutes ago
Analysts anticipate the online marketplace will report earnings of 37 cents a share on a non-GAAP basis, down from 46 cents a share last year. Revenue is expected to rise slightly to $2.14 billion from $2.12 billion the same period last year. See full story.


Tech-sector retreat led by eBay, EMC - MarketWatch
MarketWatch | 32 days 2 hours 16 minutes ago
EBay /quotes/comstock/15*!ebay/quotes/nls/ebay (EBAY 23.77, -1.26, -5.03%) was off 4.3% in early trading, a day after the company also issued a weaker-than-expected outlook.


EBay earnings still expected to see pressure - MarketWatch
MarketWatch | 33 days 3 minutes ago
"We expect 3Q results to exceed Street expectations, helped by moderating pace of GMV decline and healthy growth in payments," Youssef Squali of Jefferies & Co. wrote in a note to clients.


EBay may see sales growth in third quarter - MarketWatch
MarketWatch | 39 days 5 hours 58 minutes ago
Earnings are expected to come in at 37 cents a share on a non-GAAP basis, down from 46 cents a share last year, according to consensus forecasts from FactSet Research.


Tech stocks trade sideways as eBay sinks - MarketWatch
MarketWatch | 32 days 2 hours 51 minutes ago
Occidental profit halved from days of $100 oil


AT&T, 3M, McDonald's, eBay in focus - MarketWatch
MarketWatch | 32 days 3 hours 45 minutes ago
European shares fell sharply after disappointing updates from companies including Ericsson. Asian shares were lower after a night of weakness on Wall Street and were weighed further by data showing China's economy grew at a slightly slower pace than expected.


EBay revenue growth fueled by PayPal, Skype MarketWatch First Take - MarketWatch
MarketWatch | 32 days 18 hours 59 minutes ago
"Year-over-year revenue growth was driven primarily by the continued growth in PayPal, Skype, the company's classifieds business as well as growth in eBay's fixed-price format," the company said. Skype added $185.2 million in revenue for the quarter, a jump of 29%, and 40.3 million new users in the quarter.


AOL returns as Steve Case scores again David Callaway - MarketWatch
MarketWatch | 4 days 11 hours 33 minutes ago
During that brief window at the turn of the decade when everybody old enough to drag a cursor across a computer screen was a Web entrepreneur, profit and cash flow didn't matter, and Internet stock was the leading form of currency on Wall Street, one company rode herd on the revolution -- AOL.


Evening investors may keep watch on eBay, Broadcom - MarketWatch
MarketWatch | 45 days 21 hours 42 minutes ago
A sunnier outlook for Alcoa and better-than-expected weekly jobs data are powering the materials sector higher. MarketWatch's Steve Gelsi reports.





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Company Overview


Company: eBay Inc.
Industry: Internet Auctions
Website: http://www.ebay.com

"I got it on eBay" is barreling its way into the lexicon of the new millennium and placing a cyber-grin on the corporate face of online auctioneer extraordinaire eBay. The company offers an online forum for selling merchandise -- from fine antiques to the latest video games -- hosting about 500,000 e-stores worldwide. eBay, which generates revenue through listing and selling fees and through advertising, boasts about 85 million active users. It also sees gains from its online payments division, composed of PayPal and Bill Me Later, and other e-commerce platforms, including StubHub and Half.com. In 2009 eBay said it will sell a majority stake in its Skype Internet phone service to an investor group.


Key Numbers

Sales in U.S. Dollars (mil.) 8,541.3 (2008)
One-year % Growth in Sales 11.3 (2008)
Net Income in U.S. Dollars (mil.) 1,779.5 (2008)
One-year % Growth in Net Income 411.0 (2008)
Number of Employees 16,200 (2008)
One-year % Growth in Number of Employees 8.0 (2008)
Fiscal Year-End December