Latest eBay Inc News and Updates
E-Commerce Giant eBay Doesn't Accept Cryptocurrencies as Payment — Yet
Why the NASDAQ’s 5,000 Level Is Not Like the Dot Com Bubble
The NASDAQ hit the all-important 5,000 level on March 2, 2015, for the first time after the dot com bubble burst of 2000.
Amazon’s International Segment Saw Improvement in 2Q15
The year-over-year revenue growth trend for Amazon’s International segment was falling until last quarter.
A Look at Amazon Stock
Amazon’s (AMZN) 2017 book value per share of $51.30 compares to the expected book value per share of $52.50 for 2018.
Must-know: Why eBay’s operating margins continue to decline
eBay’s management noted that eBay Enterprise margins fell by 3.9% during the last quarter compared to a year ago. The increased cost to prepare for the holiday season was blamed for the decline.
Could Alibaba Hit a New Peak?
Alibaba (BABA) has returned -2.02% in the last month, 20.2% in the last 12 months, and 5.9% in the last five days.
A Look at Twitter’s Stock Analysis
Twitter reported earnings per share of -$0.70 in 2017, while its EPS for 2018 is forecast to be $0.40.
Why Did eBay Lower Its Fiscal Guidance?
In the second quarter, eBay (EBAY) reported earnings of $0.53 per share, which topped analysts’ expectations of $0.51 per share.
Did Flipkart Reject Amazon’s Offer?
Amazon (AMZN) had expressed interest in acquiring Flipkart to try to keep Walmart (WMT) away from India’s fast-growing online retail sector.
Why Third Point believes Apple Pay is not a threat to PayPal
Third Point added, “when we break down the applicability of Apple Pay to PayPal’s business mix, we find that Apply Pay will compete directly with only 1.5 to 2% of PayPal’s total payment volume (or TPV).”
Farallon Capital adds a new position in Covidien
Ireland-based Covidien is a global healthcare leader that offers innovative medical technology solutions and patient care products to providers.
PayPal Reduced Its Reliance on eBay in Q3 2018
In the third quarter, eBay accounted for 11.0% of PayPal’s total payment volume, which was down from 13.0% in the third quarter of 2017.
Why KeyBanc’s Analyst Is Optimistic about PayPal Stock
PayPal Holdings has recently been upgraded by an analyst at KeyBanc Capital Markets for the company’s new Venmo debit card.
Will Amazon benefit from the decline in oil prices?
Reducing oil prices are good news for e-commerce players. Oil prices have declined by about 60% over the past six months.
Analyzing Twitter’s Latest Stock Performance
Twitter’s EV-to-adjusted EBITDA (enterprise value to adjusted earnings before interested, tax, depreciation, and amortization) for the trailing 12 months is 68.1x.
Initiatives in eBay Marketplaces have been slow growth drivers
The majority of eBay’s Marketplaces revenue comes from a take rate on the gross merchandise volume (GMV), defined as the total sales for active listings or of all the items.
What PayPal Could Offer Investors in 2018
PayPal grows faster than its parent, eBay PayPal (PYPL) outperformed several of its main challengers in 2017. While the stock rose 86.5%, Square (SQ) rose 154.4%, Amazon (AMZN) rose 56%, and Apple (AAPL) rose 46.1%. Alternative loan peer LendingClub (LC) fell 21.3% in 2017. PayPal’s parent, eBay (EBAY), saw its stock rise 27.1%. Could investors expect […]
Facebook Objects to Startups Using Similar Names
Facebook had to deal with its own infringement case brought against it by a company named Timeline in 2011. The matter was settled out of court, however, and dismissed in 2013.
Why Facebook expects revenue growth to slow in 4Q14
The technology sector in general is facing headwinds because the U.S. dollar is strengthening. Facebook earned about 54% of its revenues from international markets in the last quarter. As a result, a strengthening U.S. dollar impacts its revenues and margins.
Amazon Expands Whole Foods’ Grocery Delivery
Retail e-commerce giant Amazon (AMZN) has expanded its online grocery delivery service from its Whole Foods stores to more cities across the United States.
Is Alphabet’s Africa Push Paying Off?
In 3Q17, Alphabet reported EMEA revenues of $9.1 billion, implying a growth of 23% YoY (year-over-year).
Best Buy’s 1Q16 Revenue Declines, But Still Exceeds Estimates
Best Buy’s 1Q16 revenue growth was driven by strong demand for large-screen televisions, mobile phones, and major appliances. Best Buy is one of the few pure-play consumer electronics retailers to survive the recession.
Why Amazon’s 2Q16 Top Line Remained Strong
Amazon’s top line increased by 31.1% YoY to $30.4 billion in 2Q16 on account of healthy e-commerce sales driven by Amazon Prime membership growth.
Farallon Capital exits its position in Time Warner Cable
In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.
Amazon grew its business in 3Q14 through several initiatives
During the third quarter, Amazon made a major acquisition of Twitch for $970 million. Twitch is a popular website for video game enthusiasts who want to broadcast their video games to other people or watch other people play video games in real time.
Why Alibaba’s Earnings Keep Rising
Alibaba’s earnings have risen consistently YoY for the past five quarters, with adjusted EPS moving from $0.79 in fiscal 2Q17 to $1.29 in fiscal 2Q18.
Alibaba’s Ma-Trump Meeting: More Than Meets the Eye?
Could there be more than meets the eye in the meeting between Alibaba (BABA) founder Jack Ma and Donald Trump earlier this month?
Why Japan Is Important to Twitter
Japan is Twitter’s (TWTR) second-largest market after the United States.
Is Alibaba’s Stock Repurchase Program Secure?
Back in May 2017, Alibaba (BABA) announced a plan to repurchase its own shares to the tune of $6.0 billion over two years.
Amazon’s Rivals Borrow from Its Playbook
Amazon disclosed in April that its Prime program had attracted over 100 million members globally.
Why Investors Are Pleased with PayPal
PayPal (PYPL) has done very well since splitting from its parent, eBay (EBAY), two years ago.
Will Baidu Expand Its Stock Repurchase Program?
In June last year, Baidu (BIDU) launched a stock repurchase program under which it planned to return as much as $1.0 billion to its shareholders in a period of one year.
Amazon’s Relative Strength and Analysts’ Recommendations
Of the 47 analysts covering Amazon (AMZN), 41 have given it “buy” recommendations, one has given it a “sell” recommendation, and five have given it “hold” recommendations.
ISE Cyber Security Index Beats S&P 500 Index
Since December 2015, the ISE Cyber Security Index (HACK) has beaten the S&P 500 Index (SPX) by 10.54 percentage points. Cybersecurity stock is expected to grow rapidly.
Soros Fund Management’s Major Picks amid Trade War
Soros Fund Management’s top five buys in the second quarter were Invesco QQQ Trust (QQQ), Alphabet, eBay, Symantec, and Red Hat.
A Look at Groupon’s Marketing Strategy
Groupon (GRPN) is pumping millions of dollars (UUP) into marketing and customer acquisition efforts as it seeks to conquer the North American daily deals market.
Making Sense of Amazon’s Atlanta Fulfillment Facility Plans
Amazon (AMZN) is looking to build a new distribution center in Atlanta, according to an Atlanta Business Chronicle report citing sources familiar with the plans.
Amazon Expands Its Book Business with Brick-and-Mortar Stores
Amazon (AMZN) recently opened several bookstores in strategic locations in the US, including New York City.
Why CafePress is a leading and undervalued e-commerce platform
CafePress offers a critical mass of revenues, leading technology, a proprietary library of content, and undervalued and forgotten equity value.
Must-know 3Q updates from Dan Loeb’s Third Point Partners
In this series Activist investor Dan Loeb’s fund, Third Point Partners LP, disclosed some of the positions traded during 3Q14 in its 3Q investor letter. In this series, we’ll go through the details of these positions and Third Point’s rationale for adding or exiting its stakes. In its 3Q letter, the fund said it “continued […]
eBay India Relaunch: What’s Happening?
eBay (EBAY) is making a U-turn in India. Last year, the company sold its Indian operations and licensed its brand to Flipkart.
Why Square’s Investors Should Keep a Close Eye on Eventbrite
Square (SQ) is a corporate investor in online ticketing company Eventbrite (EB), which went public in September 2018.
Why did Lone Pine open a position in IntercontinentalExchange?
Lone Pine Capital opened a new 2.19% position in IntercontinentalExchange Group, Inc.
eBay Posts Better-Than-Expected 1Q15 Earnings
eBay (EBAY) announced better-than-expected 1Q15 earnings last week. The company’s overall revenues increased by 4% to $4.45 billion year-over-year.
Delhivery Raises $85 Million: Signifies India’s E-Commerce Growth
According to a May 6 report from TechCrunch, Indian e-commerce logistics startup Delhivery raised $85 million in funding a few months after it raised $35 million.
Inside Groupon International: After the Restructuring
After an unsuccessful international expansion, Groupon (GRPN) has pulled out of overseas markets to pursue a narrowed strategic focus on North America.
Icahn Lift or Commodity Drag: What Could Drive Freeport-McMoRan?
Freeport-McMoRan (FCX) jumped smartly in August after activist investor Carl Icahn disclosed his 8.5% stake in the company, known as the “Icahn lift.”
Why Is Walmart Changing Its Name?
Walmart (WMT) is editing its corporate name. The retailer wants to be known simply as Walmart Inc., not Wal-Mart Store Inc. as it is currently legally known.
Amazon Is Increasing the Product Selection for Its Prime Program
Amazon credits the Prime program’s popularity for the growth in its operating profits in 1Q15—Amazon’s best results in the US for the last few quarters.
How eBay Views Its Opportunities in Israel
eBay (EBAY) is optimistic about the growth opportunities that Israel presents, but it has been frustrated by the country’s tax system.
Why JANA Partners opened new position at Constellium
JANA Partners’ 13F filing disclosed a brand new position in aluminum product manufacturer Constellium N.V. (CSTM) that accounts for 1.83% of JANA’s 1Q 2014 portfolio.
Why did Lone Pine Capital buy a stake in SBA Communications?
SBA Communications Corporation is a 2.11% position initiated by Lone Pine Capital in 4Q 2013.
Why Glenview Capital adds new stake in Applied Materials
Applied Materials Inc. provides manufacturing equipment, services, and software to the global semiconductor, flat panel display, solar photovoltaic (or PV), and related industries.
Walmart Triples Amazon’s Budget in India Contest
Walmart (WMT) took its competition with Amazon (AMZN) to a whole new level earlier this month, forking out $16 billion to buy the majority stake in India’s e-commerce giant Flipkart.
Carl Icahn’s Big Plans for Freeport-McMoRan
Announcing his 8.5% stake in Freeport-McMoRan, Carl Icahn said that he plans to discuss capital expenditures and more with Freeport management.
Is eBay’s Active Buyer Base Expanding?
At the end of 2Q17, eBay had 171 million active buyers. The company describes an active buyer as one who successfully closed a transaction on its platforms within the trailing 12 months.
Must-know: eBay announced the spinoff of Paypal
On September 30, 2014, eBay (EBAY) announced its decision to spin off PayPal into a separate publicly-traded company. The spinoff will take place in 2015.
Is Alibaba Harming US Businesses?
Alibaba’s (BABA) war on fake goods on its marketplaces has been widely criticized as being weak or lacking direction.
eBay: An investor’s guide to the world’s largest marketplace
Initially viewed as an an online auction house, eBay now considers itself as the world’s largest online marketplace.
What’s Propelling Alibaba’s Top Line after Its Fiscal 1Q18 Earnings?
Alibaba (BABA) reported total revenues of ~$7.4 billion (or 50.2 billion yuan) for fiscal 1Q18. Compared with fiscal 1Q17, its revenues for the latest quarter rose 56%.
Eyes on Quality of Alibaba’s Top-Line Growth
In Alibaba’s (BABA) upcoming fiscal 2Q18 report, investor attention will probably be focused not only on its top-line figure but also on the quality of its top-line growth.
Must-know: Why did Amazon launch a mobile credit card reader?
For example, Amazon (AMZN) recently launched a credit card reader. Merchants can use it to conduct payments through a smartphone or tablet.
Why Is Baidu Borrowing $1.0 Billion?
Baidu (BIDU) announced earlier this month that it was seeking to raise ~$1.0 billion through the sale of notes.
How Shopify Could Benefit from Tictail Acquisition
Shopify (SHOP) recently acquired Swedish e-commerce company Tictail.
Why divestitures and spinoffs are becoming common
Disruptive technologies like social, mobile, analytics, and cloud (or SMAC) are driving change in the IT and technology sector. This increases the need for continuous innovation.
Why the Baupost Group adds new position in eBay
The Baupost Group added a stake in eBay Inc. (EBAY) that accounted for 3.62% of the fund’s total second quarter portfolio. eBay is a global technology company that enables commerce through three reportable segments—Marketplaces, Payments, and Enterprise.
eBay and Paypal Will Be Tightly Integrated Even after the Split
eBay (EBAY) provided new details in securities filings last week. Both eBay and Paypal will have to abide by certain rules even after the split.
S&P 500 Index Nears Record High amid Earnings Season
The S&P 500 Index, represented by the SPDR S&P 500 ETF (SPY), rose 0.3% on October 23, nearing the all-time high it saw in July.
Women CEOs: 5 Names You Should Know
Of all the Fortune 500 companies, only 5% have women CEOs. We rounded up five of the biggest names investors should know. Here’s why.
Must-know: Third Point starts a new position in Alibaba
Third Point noted in its letter that Alibaba can “generate long-term value in its core markets and compete in new ones, making it a compelling potential multi-year investment.”
How PayPal Evaluates Acquisitions
PayPal acquired two companies in 2017 In 2017, PayPal (PYPL) completed two acquisitions: Swift Financial and TIO Networks. Whereas the company didn’t make any acquisitions in 2016, it completed four acquisitions in 2015, according to Crunchbase. Payment rivals Apple (AAPL), Amazon (AMZN), and Square (SQ) also went shopping for strategic assets in 2017. Square, the […]
eBay management strategies for 2015
After the separation of eBay and PayPal, eBay management plans to pursue an IPO (initial public offering) or sale of eBay Enterprise.
Nokia to Repurchase 500 Million Shares
Nokia (NOK) intends to repurchase up to 500 million shares of its own stock in the coming months.
How is eBay faring in the e-commerce market
eBay’s profit margins, operating margins, and gross margins are higher than its peers.
Does EMC Stock Hold Potential for Investors?
In its fiscal 1Q15 earnings release, EMC lowered its expectations. Now, it expects its revenue and EPS to be $25.7 billion and $1.91, respectively.
Why Groupon’s Debt-to-Equity Ratio Is One of Highest in Industry
Groupon (GRPN), eBay (EBAY), Baidu (BIDU), Square (SQ), and Twitter (TWTR) have the highest debt-to-equity ratios among industry players.
Alibaba, Counterfeit Goods, and Brand Rights
Alibaba has developed an initiative called Brand Rights to enhance its brand protection efforts. Trade in counterfeit goods was estimated to reach ~$1.8 trillion in 2015, according to the International Anti-Counterfeiting Coalition.
Why did eBay’s operating margins continue to decline in 4Q14?
eBay’s non-GAAP operating margins declined from 29.2% in 4Q13 to 27.7% in 4Q14. eBay still hasn’t recovered from the events that caused the decline.
Farallon Capital raises its position in Safeway
On March 6, 2014, grocery store operators Safeway and Albertsons announced a merger agreement valued at approximately $9 billion.
Yelp Follows eBay’s Lead and Wants Google to Face the Music
In an attempt to expand and diversify its revenue sources, Yelp has introduced new paid subscription services aimed at businesses users.
Walmart Takes On Amazon in a Marketplace Duel
According to eMarketer, Walmart.com is the preferred platform for most vendors looking to expand their online channels.
Manitowoc to spin off after activist pressure
In its 8K filing with the SEC on January 29, Manitowoc announced that it will split its cranes and foodservice businesses.
Why Twitter plans to increase its e-commerce ad conversion rate
Twitter’s management mentioned that they’re working to bring the interface between Twitter’s users and e-commerce platforms closer so as to increase the conversion rates of e-commerce ads.
Assessing the Value of Alibaba’s Mobile Audience
According to eMarketer, retail mobile commerce sales represented 38.1% of China’s (MCHI) e-commerce sales in 2014.
Understanding the Value of an Alibaba Customer
In Alibaba’s (BABA) e-commerce industry, metrics such as active shoppers and average revenue per user (or ARPU) are closely watched.
Why JANA Partners sold Safeway stake amid merger
JANA Partners’ 13F filing said the fund sold its position in Safeway Inc. (SWY) that accounted for 3.98% of JANA’s 4Q 2013 portfolio.
Why did Amazon’s international business growth disappoint?
Amazon’s revenue growth at its Media segment has declined dramatically over the last few quarters. Its international business growth has also disappointed.
Get Real: Record Highs and Data Spies
FedEx stock rose due to the expectation of a record number of packages on Cyber Monday. FedEx’s holiday season preparations include breaking up with Amazon.
How eBay takes advantage of customer data to grow its business
The eCommerce market has shown strong growth in the past few years. According to eMarketer, the B2C eCommerce worldwide sales market will grow from $1.25 trillion in 2013 to $1.50 trillion in 2014.
Did Digital Music’s Future Play a Role in the Apple–Tencent Deal?
Last year, Apple and Tencent disagreed over the issue of giving monetary gifts to developers who publish their work on the App Store, Apple’s app distribution center.
Inside Alibaba’s Initiatives to Hire Senior Citizens
Alibaba’s (BABA) Taobao e-commerce platform recently put out a job posting in which it sought to hire people over 60 years of age.
This Alibaba Veteran Has Taken on a Key Role at Ant Financial
Alibaba (BABA) has released Hu Xiaoming to fill a key executive position at Ant Financial, its payment affiliate.
Alibaba Echoes Amazon Prime with LiveUp
Consumer Intelligence Research Partners (or CIRP) estimates that there were 85 million Prime subscribers in the US during 2Q17.
AT&T Wakes Up to Prepaid Reality
AT&T (T) has been going for prepaid customers since reporting that gains in its prepaid business underpinned its success in the latest quarter.
What Are Analysts’ Recommendations for Amazon?
As of July 7, 2016, Amazon (AMZN) had generated returns of 68.7% in the trailing-12-month period and 1.8% in the trailing-one-month period.
Why Amazon Could Experience a Great Holiday Season This Year
All trends indicate that this year’s holiday season will be great for not only online retailers but also traditional brick-and-mortar players.
Brief Analysis of Twitter’s Technical Indicators
On May 5, 2017, Twitter (TWTR) had a market cap of ~$13.8 billion.
A Quick Survey of eBay Stock
eBay (EBAY) generated investor returns of 8.9% in the trailing-one-month period and 17.5% in the trailing-12-month period.
Why Amazon’s Top Line Has Been Rising Consistently
Amazon is expected to announce its 2Q16 earnings results on July 21, 2016. It’s guiding for a revenue range of between $28.0 billion and $30.5 billion.
Farallon Capital establishes a new position in Hillshire Brands
Hillshire reported fiscal 4Q14 net sales of $1.1 billion, up 10.7% in comparison to the corresponding period last year.