Founded in 1995, eBay was one of the most prominent dotcom success stories, managing to translate revenue into profits, and the auction and shopping website now has operations in moer than 30 countries.

PayPal looks ripe to be Jack Ma's next target

Alibaba executive chairman Jack Ma controls Alipay.

As eBay spins off its online payments subsidiary PayPal, Alibaba chairman Jack Ma Yun is presented with an opportunity for just the kind of blockbuster deal that China's richest man is fond of doing.

Friday, 3 October, 2014, 4:22am

eBay removes Nazi Holocaust memorabilia offered for sale: report

A purported Auschwitz uniform was offered for HK$140,000.

eBay has removed from its listings around 30 items of memorabilia from the Nazi Holocaust, including clothes worn by concentration camp victims, after a newspaper investigation discovered they were on sale on the e-commerce website, Britain's Mail on Sunday said.

4 Nov 2013 - 6:06am

EBay expands same-day delivery, battles Amazon for local business

EBay is setting its sights on Amazon.com with an expanded same-day delivery service. Photo: AP

EBay unveiled an expansion of its eBay Now same-day delivery service on Monday as the company battles with rival Amazon.com for dominance of the emerging online local commerce market.

EBay Now, which delivers products from stores including Target, Walgreen and Best Buy in as little as an hour, was launched last year in San Francisco and San Jose, California and Manhattan, New York.

23 Jul 2013 - 11:53am

EBay drops on economic 'headwinds' in Europe, South Korea

Despite solid quarterly results, EBay is wary of headwinds in the second half. Photo: Reuters

EBay reported solid second-quarter results on Wednesday but Chief Executive John Donahoe warned of economic “headwinds” in the second half of the year from Europe and South Korea.

18 Jul 2013 - 12:36pm

Internet big boys take aim at Singapore’s 'regressive' new rules

The Internet and related industries have become an important sector for Singapore, with revenues last year growing 23 per cent to S$103 billion (HK$622.95 billion). Photo: Reuters

Singapore’s move to tighten regulation of news web sites, already under fire from bloggers and human rights groups, has attracted criticism from an unexpected quarter - large internet firms with a big presence in the city-state who say the new rules will hurt the industry.

8 Jul 2013 - 3:35pm 3 comments

Ebay boss confident of getting China payments licence

Ebay chief executive John Donahoe is confident PayPal will be the first non-domestic company to get a payments licence in China. Photo: Reuters

Ebay will become the first foreign company to secure a financial payments licence in China, chief executive John Donahoe predicted, but the retailer is refraining from competing in the more aggressive and local-dominated retail sales sector.

18 Jun 2013 - 10:12am

US$1m bid for lunch with Warren Buffett, down from US$3.4m

Warren Buffett

The annual charity auction of a private lunch with billionaire investor Warren Buffett went for just more than US$1 million - a bargain price compared to past years for an opportunity to sit down with one of the world's most successful philanthropists.

9 Jun 2013 - 9:19am

Forget Angry Birds - invent a better mousetrap: eBay co-founder

The world is failing to look beyond computing and software to broader practical applications, according to Peter Thiel, the co-founder of eBay, who sees the technology revolution as overrated.

“I don’t think the tech revolution that’s happening to date has been enough for the western world,” Thiel told a Credit Suisse Asian Investment Conference luncheon.

19 Mar 2013 - 9:37pm

eBay questions value of Google's keyword advertising

eBay questions value of Google's keyword advertising

Businesses may be wasting billions of dollars a year buying up keyword advertising on search engines such as Google, a new report claims. The study by auction website eBay claimed that most of the money spent buying up search terms was a waste of time and had little effect on sales.

15 Mar 2013 - 3:13am

EBay sales get holiday boost from mobile push

EBay beat some estimates for fourth-quarter revenue.

EBay, operator of the world's largest online marketplace, reported fourth-quarter revenue that topped some analysts' estimates, helped by record holiday sales on the web and mobile devices.

18 Jan 2013 - 5:27am

China's eBay merchants post sharp growth on overseas demand

Business is booming for eBay traders in Shanghai and other mainland cities. Most plan to expand to meet overseas demand. Photo: Bloomberg

Defying the lingering economic malaise, online sellers from the mainland, Hong Kong and Taiwan are ringing up brisk sales outside their home markets through eBay's international e-commerce platform.

23 Nov 2012 - 2:20am

Internet shopping pioneer eBay returns to mainland

There has been a 40 per cent year-on-year increase in goods bought by Chinese consumers navigating eBay.com in English. Photo: Bloomberg

Global internet shopping and auctions giant eBay is making a comeback on the mainland through a new partnership with Xiu.com a leading online apparel merchant.

13 Nov 2012 - 3:53am

Business Digest, November 3, 2012

Cargo unit weighs on Singapore Airlines net

HSBC pretax profit expected to rise 79pc

3 Nov 2012 - 3:22am

eBay launches free bilingual website for classified ads

The world's leading provider of online classified advertising, eBay Classifieds Group, is expanding its operations in Hong Kong with the launch of a free bilingual platform, Kijiji.

30 Jul 2012 - 12:00am

Chinese look to buy 'a slice of heaven'

Buyers from around the world are bidding to become owners of French vineyards - but the most significant new market for the sales of French chateaux in the future will be China, according to vineyard experts Maxwell-Storrie-Baynes.

11 Jul 2012 - 12:00am