eBay buys Rent.com for $415 million
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eBay announced late Thursday that it had acquired the apartment rental service Rent.com for $415 million, the latest move in its expansion beyond Internet auctions.
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In a real-estate market in which homeowners have been flipping properties almost as quickly as they would stocks, eBay&#39;s getting in on the action.
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Internet auction firm eBay agrees to buy Rent.com for $415m (Â£214m), giving it access to more of the online property market.
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EBay&#39;s online payments division, PayPal, will pay $169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday. The deal should close within 30 days.Fraud Sciences, a private company, has developed technology designed to differentiate between real and fraudulent transactions. That technology will be folded into&#160;PayPal&#39;s antifraud systems, which will be &quot;significantly&quot; improved this year, eBay said.Fraud Sciences&#39; Chief Operating Officer, Yossi Barak, and founders Shvat Shaked and Saar Wilf will move to PayPal&#39;s technology and fraud management teams.PayPal lets two users exchange money online via e-mail addresses. The ease at which people can transfer money has also made it one of the most highly targeted brands for phishing scams, where fraudulent Web sites mimicking real sites are set up in order to steal people&#39;s log-in details.PayPal has taken other steps to shore up its defenses. Early last year, it began offering a keychain with a one-time numeric passcode that users enter in addition to their log-in and password. The passcode expires after 30-seconds, which greatly reduces a hacker&#39;s window of opportunity to get access to someone&#39;s account.PayPal has also pushed for free e-mail providers to&#160;block e-mail sent without digital signatures. That would potentially mean fewer scam e-mails would land in people&#39;s inboxes, reducing the chance of fraud, although providers have yet to make a unified commitment.&#160;
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EBay looks set to complete the purchase of an online auction business in South Korea. On Thursday it filed a tender offer to acquire the remaining shares of Internet Auction (IAC) that it does not already own, in a deal valued at about $4m (Â£2.
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EBay Inc., which has been aggressively expanding in Asia, plans to increase its stake in South Korea's largest online auction company.    The Internet auction giant said Tuesday night that it would purchase nearly 3 million publicly held shares of Internet Auction Co...
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Internet auctioneer eBay Inc. said Friday it acquired a 25 percent stake in craigslist, an online community of classified ads and forums.
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In a deal between two of the Internet's most prominent properties, Google Inc. will begin selling advertising on Web auction leader eBay and help buyers quickly ring an online merchant to do business.
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Ebay Inc. has agreed to acquire property listings site Rent.com Inc. for US$415 million in its latest move to expand beyond online auctions, the company said late Thursday.
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That&#39;s a lesson leveraged for tens of millions of dollars by minority investors in Internet Auction Co., the South Korean Internet site that eBay controls and tried to take private last year.
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EBay Inc., the world&#39;s largest Web auctioneer, agreed to buy privately held Rent.com for $415 million in cash and stock as it expands into classified listings.
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San Jose-based Internet auction site eBay, Inc., says it had net income of $182.3 million or 27 cents per diluted share on revenues of $805.
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EBay Inc. said Friday it has agreed to acquire the online rental listing company Rent.com for $415 million, consisting of $385 million in eBay stock and $30 million cash.
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EBayâs online payments division, PayPal, will pay $169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday.
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EBay Inc., the world&#39;s largest online marketplace, said Thursday it was buying Marktplaats.nl, a Dutch classified advertising Web site, for about $290 million in cash.
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It has been hanging in the air for sometime now. Back in September 2006 the rumor circus already pointed at Tom online as the likely candidate and it&#8217;s now decided. From Reuters EBaysaid it will fold its China business, acquired when it purchased local auction site EachNet for $180 million (91 million pounds), into a venture with [...]
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SAN FRANCISCO - Online auction giant eBay Inc. has acquired a 25 percent stake in San Francisco classified advertisements Web site Craigslist, the companies said Friday.