eBay to Sell its Classified ads Business for $9.2 Billion

American multinational e-commerce corporation disclosed on Tuesday that it is selling its classified ads business for $9.2 billion in cash and stock to Adevinta, a fellow online retailer based in Norway. The deal follows eBay’s significant slimming down of its operations in recent years, which started with the spinoff of PayPal and the sale of … Continue reading eBay to Sell its Classified ads Business for $9.2 Billion