It’s a big day for eBay and CEO Jon Donahoe. The company is laying off 10% of its workforce, or about 1,000 employees plus several hundred temporary positions. They will take a $70 million to $80 million restructuring charge around the layoffs, they said.
And they’ve made two acquisitions: Denmark’s DBA for $380 million and Amazon-funded Bill Me Later for $820 million in cash and approximately… → Read More
Reports are coming out of Denmark that eBay has acquired the company that runs DBA, the “eBay of Denmark” for 2.1 billion Kroner, or about $383 million (here’s an article in Danish).
DBA, founded in 1995, attracts around a million visitors a month, and is a top ten Danish website. 275,000 new listings are added each month, according to its website.
The site is owned by Blue Avis, founded in… → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
Boston, MA
Disrupt Europe: Berlin Hackathon
Berlin, Germany
