Articles by Nora Macaluso & Chet Dembeck

Results 1-3 of 3 for Nora Macaluso & Chet Dembeck

eBay Q2 Results Top Estimates

eBay, Inc. (Nasdaq: EBAY) reported stronger than expected results for the second quarter, as revenue rose 97 percent and the number of people using the online auction service grew "The top line for the second quarter was in fact the bottom line: eBay's record profits," said Chief Financial Officer Gary Bengier. "These profits were powered by record...

Webvan To Buy HomeGrocer for $1.2B

Further shrinking what is already a highly competitive e-commerce sector, online grocer Webvan Group, Inc. (Nasdaq: WBVN) announced Monday that it has agreed to acquire rival HomeGrocer.com for $1.2 billion (US$) in stock The move is yet another step in Webvan's strategy to expand its geographic reach, along with moving beyond groceries to become a...

eBay Broadens Scope with Half.com Buy

Online auctioneer eBay has expanded into the fixed-price marketplace by agreeing to purchase person-to-person Web marketplace Half.com in a stock deal valued at $350 million (US$) Half.com sellers simply enter the ISBN code for a book or a UPC code for a CD, video or movie, describe the condition of the item, and select a fixed price that is half-o...

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