ebay

EBay Eyed Braintree's Brain Trust In Acquisition EBAY MA V INTUInvestor’s Business DailyEBay (EBAY) clearly wanted to bolster PayPal's mobile payment processing ability by acquiring the Venmo mobile app as part of its $800 million purchase of Braintree. But some say the deal also partly serves as an acqui-hire, as …

eBay buys Shutl to bring same-hour delivery to eBay NowVentureBeateBay is trying its hardest to make sure that it, not Amazon, leads the future of same-day delivery. The company announced today that it's acquired UK-based same-day delivery company Shutl for an undisclosed amount. Working alongside retailers, Shutl's … More: continued here

EBay Probed by Regulator Over Loans Pioneered by Payday LendersBloombergEBay Inc. (EBAY) is facing a probe by the Consumer Financial Protection Bureau over a loan program that mimics a structure used by high-interest lenders to evade state rules before the practice was stamped out by regulators. The program, called Bill …

eBay on Tuesday morning launched a new Pinterest-like feature called collections, as well as a new section called Today highlighting the best of what's on the site. More: continued here

EBay on Tuesday launched its Now service in Chicago, which allows locals to order from retailers such as Best Buy, Macy’s and Target and have goods delivered to their home within an hour.         More: continued here

Online auction site eBay acquires Shutl to boost local delivery servicesMetroOnline auction and payments company eBay has announced it has struck a deal to acquire UK based marketplace firm Shutl to expand its network of same-day local delivery couriers. In an announcement in the US today, eBay Marketplaces president Devin … …

eBay Acquires Shutl, Races Amazon To Your Front DoorReadWriteAccording to Devin Wenig, president of eBay Marketplaces, consumption on the auction network has shifted strongly toward local purchases, probably as a result of eBay Now, a service released last October that lets shoppers order products from local … More: continued here

EBay said it will expand its same-day delivery service to 25 markets by the end of next year and will buy startup Shutl to help with the effort. More: continued here

Online retail giants continue to tackle what could be the one thing holding them behind brick-and-mortar stores: instant gratification. More: continued here

eBay to Acquire London Startup ShutlWall Street Journal (blog)On the company blog, Mr. Allason wrote: “eBay's bold vision to redefine local commerce is one that fits perfectly with what we have set out to achieve at Shutl. Approximately 75% of commerce happens within 15 miles of the consumer's home. E-commerce …