E-commerce giant eBay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction — including verification, financing, paperwork, ownership transfer, insurance, and more.Founded out of Los Angeles in 2021, Caramel formally launched last year with some $19 million in funding behind it, from backers including FJ Labs, Hearst Ventures, Zeev Ventures, and Primera Capital. Caramel can be used to complete sales initiated through independent dea ...

Caramel's end-to-end online automotive transaction platform enhances safety and convenience for every vehicle sale through a modern ecommerce experience SAN JOSE, Calif., Jan. 13, 2025 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, announced today that it has signed a definitive agreement to acquire Caramel, an end-to-end online automotive transaction solution provider. Caramel's innovative technology platform provides a secu ...

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POLAND - 2024/12/17: In this photo illustration, the eBay company logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesThe stock price of eBay (NASDAQ: EBAY) saw a 10% jump on Wednesday, January 8, after Meta announced that it would allow certain eBay listings to appear on Facebook Marketplace. A collaboration with Meta might strengthen eBay’s competitive standing in the e-commerce landscape. ...

Shares of eBay (NASDAQ: EBAY) surged nearly 10% on January 8, closing at a 52-week high of $69.40. The rally followed an announcement by Meta Platforms (NASDAQ: META) allowing eBay listings to appear on Facebook Marketplace.The new integration, initially rolling out in the U.S., France, and Germany, lets users browse eBay listings on Facebook Marketplace and complete transactions on eBay’s platform. This collaboration is seen as a significant step for both companies, offering Meta a way to address regulator ...

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 ...

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 ...

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 ...

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 ...

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 ...