eBay sold its portfolio of online classifieds sites this year and gained a stake in Adevinta, the new owner. Today, Adevinta announced it sold two of the properties to investor firms. Gumtree UK and Motors.co.uk now belong to a consortium Read more
eBay’s sale of its Classifieds Group to Adevinta hit a snag last month due to regulators in the UK. The two companies agreed this week to sell three of their UK units – Shpock, Gumtree (UK), and Motors.co.uk – in Read more
Last year, mobile app OfferUp added the ability for users to sell classifieds nationwide by adding payment and shipping capabilities. Today, it announced it has integrated with UPS shipping and lowered fees up to 67% on larger items. It reminded Read more
Mobile-app 5miles, one of the world’s leading mobile marketplaces, announced the release of the latest version of its app complete with online payment and shipping options – a new, complete “remote transaction” feature that is a first in the mobile Read more
The most recent earning conference call from eBay included a little bit of information hinting at one part of the company’s growth plans. Devin Wenig, now eBay CEO, spoke about business strategy and the future of eBay, and a new Read more
