Tag: ebay


PayPal acquires Xoom ahead of EBay split

PayPal acquires Xoom ahead of EBay split

PayPal has acquired Xoom Inc.,  a money-transfer service provider with a footprint in China and Spanish- and Portuguese-speaking countries, for about $890 million, or $25 a share for the publicly traded company (Nasdaq:XOOM).

Interesting timing, given that EBay and PayPal are splitting later this month into two companies.

The transaction is 32 percent over Xoom's three-mon


GM of EBay Turkey moves to EBay Germany

GM of EBay Turkey moves to EBay Germany

Gulfem Toygar (LinkedIn), general manager of EBay Turkey (and Gittigidiyor.com) since January 2014, has been named to head EBay Germany. EBay bought Gittigidiyor.com in 2011 for $217.5 million U.S.. Toygar grew Gittigidiyor.com 60 percent during her first year with the company. Oget Kantarci, sales director o


Gumtree South Africa adds call-tracking

Gumtree South Africa adds call-tracking

EBay-owned Gumtree in South Africa added the ability to track telephone leads to its existing automotive dashboard, to help dealerships evaluate the effectiveness of their ads. “We know anecdotally that the vast majority of leads that dealerships receive are telephonic – particularly serious buyers – but dealerships have no idea where these leads are comi


Galperin predicts great growth at MELI

Galperin predicts great growth at MELI

Marcus Galperin, the founder and CEO of MercadoLibre (Nasdaq: MELI), says revenues at the Latin American e-commerce and classifieds site are “minuscule” compared to what they can grow into during the next 20 years. In a wide-ranging interview with the Financial Times, Galperin talked about the opportunities for growth at the company, which has a market cap of about $6 billion. (

EBay hires three key leaders

EBay hires three key leaders

EBay readies for its split from PayPal by hiring three key executives, from Home Depot, Agilent Technologies, and New York Stock Exchange. Here's the announcement:

eBay Names Three Executives to Key Leadership Positions



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