EBay Aims to Streamline Online Vehicle Sales by Acquiring Caramel

EBay plans to make it easier to buy and sell vehicles on its platform by acquiring online automotive transaction solution provider Caramel.Caramel’s platform facilitates vehicle sales on its own site or app, through independent dealers, or through its marketplace and auction partners, eBay said in a Jan. 15 press release.Ebay signed a definitive agreement to acquire Caramel Jan. 11 and expects closing to occur during the first quarter, subject to customary conditions, according to the release.“With Caramel ...