June 12, 2000 |
Internet auctioneer EBay Inc. and General Motors Corp.'s Saturn division have teamed in an industry first to provide certified auto inspection services for car sellers offering their vehicles through the new EBayMotors.com site. The program, to be announced today, is designed to help ease potential bidders' concerns about purchasing used vehicles unseen.
March 10, 2005 |
EBay Inc. is launching a site for international users as the Internet auction leader expands into classified advertising. The San Jose-based company launched Kijiji.com as a place for users to buy and sell goods and services that are difficult or impossible to ship, such as baby-sitting services in the Montreal suburbs or a matching leather ottoman and recliner in Beijing. Kijiji means "village" in Swahili.
September 24, 1999 |
EBay Inc. said it pulled an auction for 500 pounds of marijuana from its Web site although it had no way of knowing whether the sale was a hoax. The auction was posted on another online auction service, AuctionWatch.com, which reported that seven bids, in amounts as high as $10 million, had been made before the auction was canceled.
January 9, 2007 |
EBay Inc. may report lower-than-expected fourth-quarter earnings because of fewer listings, said Safa Rashtchy, an analyst at Piper Jaffray & Co. Excluding certain items, profit may be as much as 2 cents a share, less than the 28-cent average estimate of analysts, Rashtchy said. Shares of San Jose-based EBay fell $1.08 to $29.70.
July 25, 2003 |
Online auctioneer EBay Inc. announced a 2-for-1 stock split Thursday as it posted double-digit increases in revenue and profit for the second quarter, driven by growth in its international business and the strong performance of its PayPal online payment business. EBay, which has $2.5 billion in cash, posted $509 million in revenue for the quarter, up 91% from the same period a year ago and up 7% from the previous quarter.
April 29, 2005 |
Internet giants Amazon.com Inc. and EBay Inc. announced they were settling unrelated shareholder lawsuits. Amazon agreed to pay $20 million to settle a suit alleging that it misled investors in February 2000 when it sold 690 million euros ($681 million) of debt.
November 11, 2005 |
San Jose-based EBay Inc. started a subscription research service to help shoppers get pricing and bidding information. The service costs $2.99 to $24.99 and offers real-time data on starting prices and average bids, top searches by customers and shipping charges, EBay said. The information goes back 60 to 90 days and includes international market data. EBay Marketplace Research will compete with similar search engines from America Online and retailers that allow consumers to compare prices.
May 14, 2005 |
A federal appeals court issued a stay involving a patent lawsuit that might require EBay Inc. to change its "Buy It Now" feature while the Supreme Court considers a request to review the case. The online auction giant had petitioned the Court of Appeals for the Federal Circuit in Washington for the stay. In 2001, MercExchange sued EBay, alleging that it infringed two of its patents related to fixed-price trading.