The multinational e-commerce platforms allows consumer-to-consumer and business-to-consumer transactions. Started in 1995, the multi-billion dollar business operates around the world.
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News about eBay
Industry observers believe Axel Springer may team up with a financial investor to fund a $10 billion purchase
The online marketplace is paving the way to potentially carving off some of its businesses.
E-commerce shot up 43% last quarter.
Many retailers use the site to offer discounts.