eBay to buy Magento

The online marketplace company, continuing its acquisition tear, said today it wants to buy Magento, developer of an e-commerce platform used by more than 60,000 merchants and brands. More: continued here

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FedEx board hikes quarterly dividend to 13 cents

SAN FRANCISCO (MarketWatch) — FedEx Corp. said late Monday its board raised the company’s quarterly dividend by a penny to 13 cents a share. The dividend will be paid July 1 to shareholders of record as of June 17. Market Pulse Stories are Rapid-fire, short news bursts on stocks and …

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EBay to buy e-commerce platform Magento

SAN FRANCISCO (MarketWatch) — EBay Inc. said Monday it will buy Magento Inc., the creator of an open source e-commerce platform of the same name. EBay already owns a minority share in the company but will own 100% of the outstanding shares when the deal is closed. Financial terms were …

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Ebay in China: neither fish nor fowl – Gerson Lehrman Group

Ebay in China: neither fish nor fowlGerson Lehrman GroupTen years ago, Ebay came to China and tried to develop its C2C business. The reason was clear and simple: “we've done great in States and other countries, we would have done the same great in China copying our international strategy and …

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