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eBay Inc. Agrees to Acquire Magento - June 6, 2011
eBay Inc. today announced that it has agreed to acquire Magento Inc., the creator of Magento, a leading open source ecommerce platform. The deal follows eBay’s acquisition of a minority stake in the company in 2010. Upon closing of the transaction, eBay will own 100 percent of the outstanding shares of Magento. Terms of the deal were not disclosed. ...READ MORE
Scripps Networks Interactive closes Shopzilla sale - June 2, 2011
Scripps Networks Interactive Inc. said it has sold online retailer Shopzilla Inc. to Symphony Technology Group., a private equity company, for $150 million up front plus $15 million in deferred payments. Shopzilla operates a portfolio of online consumer shopping properties, including Shopzilla.com and Bizrate.com. Scripps Networks Interactive develops television and Web lifestyle programming; its brands include HGTV, the Food Network and the Travel Channel.
Australian eBay sellers face global challenge - May 30, 2011
eBay Australia recently unveiled new plans to make US and UK listings more prominent on eBay.com.au in a bid to attract more buyers to the site. The online auction house believes utilising eBay's global network to fill in product gaps down under will draw in and retain more Australian buyers...READ MORE
Trade Secrets Used By Google Creates Lawsuit from eBay and PayPal - May 27, 2011
Google Inc and 2 executives, Osama Bedier and Stephanie Tilenius were sued by eBay and its online payment unit, PayPal Inc. in an alleged mobile payment systems trade secrets theft. The 2 executives who headed Google’s mobile payment system in cooperation with MasterCard, Citigroup and Sprint were ex-PayPal executives... READ MORE

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"PeSA has helped thousands of merchants optimize their eBay sales and I am pleased to say that my business is one of them."

- Jonathan Garriss, Executive Director and online merchant of shoes and posters.
 
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