eBay approves Avnish Bajaj&#39;s release
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eBay has welcomed the release of its Indian CEO, Avnish Bajaj. Bajaj was arrested after his auction site Baazee dotcom hosted a sexually explicit picture message of two Delhi school students.
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Mr. Avnish Bajaj, Country Manager, Baazee.com-eBay Company was not granted bail at the court hearing on December 18, 2004 and has been sent to judicial custody till December 24, 2004.
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Avnish Bajaj, country manager of Baazee.com, was arrested for the sale of a sex video charged under the Indian Information Technology Act.
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Successor has big pricing changes ready Ten years of hawking Britney Spears' used undies and Hummel figurines proved enough for Meg Whitman. The eBay CEO today announced her departure plans, as her company dished out solid fourth quarter figures.â¦Learn &amp; Contribute, Live &amp; Online - The Register Debates Green Computing
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New Delhi, Dec 21 (UNI) Baazee.com welcomed the release of its CEO Avnish Bajaj on bail today and said the company would continue to cooperate with the police in investigation into the case.
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Online auction house eBay&#39;s payment system PayPal can now be used for purchases by US customers of Apple&#39;s iTunes music store.
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NEW DELHI - The Delhi High Court in the MMS sex scandal case today granted bail to Bazee.com CEO Avnish Bajaj, whose arrest had sparked off an uproar in industry and diplomatic circles.
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SAN JOSE, Calif. --(Business Wire)-- Dec. 18, 2004 -- Baazee.com, eBay&#39;s (Nasdaq:EBAY) wholly owned subsidiary in India, is an online marketplace which brings buyers and sellers together.
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InfoWorld - eBay this week is expanding its developers program, providing a single API schema to link to the e-commerce vendor&#8217;s site and adding other resources.
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eBay exceeded Wall Street&#39;s earnings and revenue expectations for its fourth quarter and,&#160;as expected, announced that Meg Whitman will step down as president and CEO at the end of March, ending a 10-year tenure at the helm of the e-commerce giant.For the quarter ended Dec. 31, 2007, eBay had revenue of $2.18 billion, up $461 million from the fourth quarter of 2006 and above the $2.14 billion consensus estimate from analysts polled by Thomson Financial.Revenue grew across the board, but PayPal, StubHub, Skype, and advertising performed particularly well as eBay enjoyed strong sales during the 2007 holiday season, the company said Wednesday.New income was $531 million, or $0.39 per share, up from $346 million, or $0.25 per share, in 2006&#39;s fourth quarter. On a pro forma basis, which includes one-time items, net income was $611 million or $0.45 per share, topping the consensus expectation by $0.04.Whitman will hand over her CEO and president titles on March 31, but she will remain on the company&#39;s board of directors. She will be succeeded by John Donahoe.Whitman joined eBay in March 1998, when the company operated only in the U.S. and had 30 employees and $4.7 million in annual revenue. It now operates worldwide with more than 15,000 employees and almost $7.7 billion in revenue.Donahoe has been with eBay since February 2005, coming from Bain &amp; Company, where he was worldwide managing director since 1999. He is president of eBay Marketplaces, which generates more than 70 percent of the company&#8217;s global revenue.Rajiv Dutta, PayPal&#39;s president, has been named eBay executive vice president and will also replace Donahoe as president of eBay Marketplaces. Scott Thompson, PayPal&#8217;s CTO, will take over as PayPal president.Meanwhile, Bill Cobb, president of eBay North America, will step down and retire from the company at the end of the year. Lorrie Norrington, currently president of eBay International, will become president of eBay Marketplaces Operations and assume Cobb&#39;s responsibilities, eBay said.
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New Delhi, Dec 20 (UNI) Baazee.com CEO Avneesh Bajaj, who was arrested in connection with the MMS sex scandal, today moved Delhi HC seeking bail.
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NetSuite has updated the e-commerce piece of its NetSuite hosted application suite, allowing users to manage sales efforts on eBay Inc.'s action site
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EBay said Saturday that an executive with its India subsidiary Baazee.com was arrested while assisting New Delhi police in an anti-pornography investigation.
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EBay (EBAY), the world&#39;s largest online marketplace, Wednesday posted a quarterly profit that rose 77% from a year ago, fueled by growth in its international and PayPal businesses.
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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 to expand in the online real-estate market.
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India&#39;s arrest of an eBay executive over the sale of pornographic material by one of its customers via its Bombay-based internet portal has drawn a rebuke from the company and the interest of the United States government.
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Online auction giant eBay has made public a promotional site in the Vietnamese language at eBay.vn, hoping to benefit from Vietnam&#39;s economic and trade potential, the company said Thursday.