EBay ups Internet Auction stake
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SAN FRANCISCO (CBS.MW) -- EBay said late Tuesday it has agreed to buy 3 million shares of Korea&#39;s Internet Auction for $325 million in cash.
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Online marketplace eBay Inc.  EBAY.O posted  on Wednesday a higher quarterly profit, but it  missed lofty Wall Street expectations and its stock fell about  10 percent.
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EBay Inc.  on Wednesday posted a 50 percent rise in net profit on strength in its auction and PayPal units but left its 2007 outlook little changed, resisting investors who clamored for more.
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EBay is taking a stake in the online apartment rentals market by acquiring Rent.com for $415 million.
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Wed auctioneer eBay (Quote, Chart) continued its expansion into classified listings late Thursday with the acquisition of Rent.com for $415 million in cash and stock.
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EBay&#39;s third-quarter net income nearly doubled and revenue climbed 52 per cent, as the company&#39;s international auction business and a strong back-to-school season counteracted seasonally slow summer months.
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Vodafone pushed further into the world  of mobile Internet services on Thursday after it said it would  become the latest operator to offer online auction site eBay on  mobile phones.
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Online auction king eBay (Quote, Chart) reported a better than 50 percent rise in quarterly revenue from last year and profits that jumped by about 77 percent compared to last year, thanks in part to its PayPal unit and growth overseas.
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Lower listing fees have arrived at eBay.
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Internet auctioneer eBay Inc. said Friday it acquired a 25 percent stake in craigslist, an online community of classified ads and forums.
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By RACHEL KONRAD SAN FRANCISCO - After a spat between two of the world's largest Internet companies, online auctioneer eBay Inc. resumed running advertising through Google Inc. on Friday.
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SAN FRANCISCO - Online auction giant eBay Inc. has acquired a 25 percent stake in San Francisco classified advertisements Web site Craigslist, the companies said Friday.ADVERTISEMENTSBC Case Study: Crate & BarrelWhat sold them on improving their network? A system that could cut management costs from the get-go. Find out more.
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EBay Inc. reported Wednesday that second-quarter profit surged 50 percent, easily beating Wall Street expectations thanks to strong sales on online auctions, the automobile classified section and e-commerce sites such as shopping.com.
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Online auction site eBay said it has launched its operations in the Philippines.
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Online marketplace eBay Inc.  said  on Wednesday quarterly profit rose 44 percent, helped by growth in its PayPal service, but results missed Wall Street expectations.
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Internet auctioneer eBay Inc. said on Tuesday it has agreed to buy $325 million worth of shares of South Korean online trading peer, Internet Auction Co.
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Online auctioneer eBay Inc. said Wednesday that its profit jumped 44 percent in the fourth quarter as the company saw a record level of auction listings and a sharp rise in buyers and sellers.