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EBay Stock Pops 10% After Meta Says Some Listings Will Be Viewable on Facebook Marketplace
Investopedia· 2025-01-08 22:50
Key TakeawaysShares of eBay surged Wednesday after Meta Platforms said some listings on the auction site will be included in Facebook Marketplace.Meta is launching a test program allowing users in the U.S., France, and Germany to view eBay listings on Facebook Marketplace and then complete purchases on eBay.The move comes after European regulators fined Meta last year, accusing the company of harming other marketplace providers. Shares of eBay (EBAY) surged Wednesday after Meta Platforms (META) said some li ...
S&P 500 Gains and Losses Today: eBay Soars as Meta Permits Facebook Marketplace Listings
Investopedia· 2025-01-08 22:50
Key TakeawaysThe S&P 500 added 0.2% on Wednesday, Jan. 8, 2025, as minutes from the most recent Fed meeting hinted at a gradual path for rate cuts.Shares of eBay pushed higher after social media giant Meta said it would allow some of the e-commerce company's listings to appear on the Facebook Marketplace platform.Edison International shares dropped as the California-based utility shut down power for many customers in wildfire-affected areas. Major U.S. equities indexes were mixed on Wednesday as the minutes ...
Why eBay Stock Jumped to a 3-Year High Today
The Motley Fool· 2025-01-08 18:34
Shares of online marketplace eBay (EBAY 9.62%) jumped to three-year highs on Wednesday thanks to an unlikely collaboration. Meta Platforms (META -0.73%) is facing regulatory pressure in Europe. To make life easier, it's testing eBay ads on its Facebook Marketplace. At 11 a.m. ET, eBay stock was up 11% on the news.Is this the boost eBay needs?European regulators don't like the exclusivity of the Facebook Marketplace platform. According to Bloomberg, Meta is consequently testing eBay listings right on its Mar ...
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Techxplore· 2025-01-08 18:17
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Attendees visit the Meta booth at the Game Developers Conference in San Francisco on March 22, 2023. Credit: AP Photo/Jeff Chiu, File Meta said Wednesday that it will allow some Facebook users to view eBay listings on its Marketplace service, as it tries out a possible way to resolve European Union charges of anticompetitive beh ...
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
CNBC· 2025-01-08 16:18
A sign is posted in front of the eBay headquarters in San Jose, California.Shares of eBay soared 12% Wednesday as Meta said it will allow some listings to show up on Facebook Marketplace, its popular platform connecting consumers for local item pickups and more.EBay stock reached its highest level since November 2021.The rollout will begin with a test in Germany, France and the United States, where buyers will be able to view listings directly on Marketplace and complete the rest of their transactions on eB ...
Facebook Marketplace to display eBay listings to appease EU regulators
TechCrunch· 2025-01-08 14:59
In Brief Meta is set to start displaying eBay listings in its own Facebook Marketplace classifieds platform, in an effort to appease European regulators. Back in November, Meta was hit with a €798 million fine by the European Commission (EC) in Europe for breaching antitrust rules. The EC contended that Meta created “unfair trading conditions” by connecting Facebook Marketplace to its core social network. By doing so, Meta gained a “substantial distribution advantage,” while some of its classifieds competit ...
eBay surges as listings to feature on Facebook Marketplace in Meta trial
Proactiveinvestors NA· 2025-01-08 14:47
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Margherita Maccapani Missoni Releases Personal Collection of Vintage and Pre-Loved Fashion on eBay
Prnewswire· 2024-12-05 14:00
The latest installment of eBay's "From the Collection" series gives shoppers a rare glimpse into the closet of a fashion icon SAN JOSE, Calif., Dec. 5, 2024 /PRNewswire/ -- eBay announces the latest in its series of exclusive drops from the closets of fashion and entertainment's most influential figures with 'From The Collection: Margherita Maccapani Missoni.' The collection features exclusive pre-owned, vintage and archival pieces curated by the fashion tastemaker, available for auction now through Decembe ...
eBay Stock Gains 45% YTD: Here's How Investors Should Play It
ZACKS· 2024-12-03 16:05
eBay's (EBAY) share price has increased 44.8% year to date (YTD), outperforming the broader Zacks Retail-Wholesale sector’s appreciation of 28.8%.However, the company has underperformed the Zacks Internet - Commerce industry, and its peers like Booking Holdings (BKNG) , Amazon (AMZN) and Travelzoo (TZOO) .In the same time frame, TZOO, BKNG and AMZN shares have returned 105.4%, 47.3%, and 38.6%, respectively. The industry has risen 33.5% YTD.The company’s outperformance can be attributed to the strengthening ...
Why Is eBay (EBAY) Up 11.8% Since Last Earnings Report?
ZACKS· 2024-11-29 17:37
A month has gone by since the last earnings report for eBay (EBAY) . Shares have added about 11.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is eBay due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. EBAY Q3 Earnings and Revenues Beat Estimates, Increase Y/YeBay I ...