eBay

Ticker EBAY

Today's data summary

Market closed
% change
+1.76%
Price US dollars
51.34
Change
+0.89
As of 01:23 30 Nov 2020
Market cap. US dollars
40,866.64 million
As of 01:23 30 Nov 2020

Latest updates

  1. Why would the New York Stock Exchange owner buy Ebay?

    Today Programme

    BBC Radio 4

    Ebay phone in front of images of money

    Overnight, the Wall Street Journal reported that Intercontinental Exchange - or ICE - had made a bid for online auction house Ebay.

    But why?

    "If you stand back and recognise that stock exchanges and auction houses are platforms for buyers and sellers to exchange - whether it's goods, securities [or] financial instruments - it makes some sense," said Jane Sydenham, investment director at Rathbone Investment Management.

    "And actually we're seeing the nature of stock exchanges change completely."

    She told Today that the standard image of a stock exchange was "men standing on floors in red braces shouting at each other" but she said that didn't happen any more

    Instead they have been replaced by high-tech systems.

  2. Good morning!

    Welcome to Business Live. Today should be the day that the government finally announces whether it will allow Huawei technology in the UK's 5G network.

    If it is a yes, expect plenty of angry reaction from the US.

    The death toll from coronavirus is rising and so are concerns about what this means for the global economy. Companies with a big exposure to China - such as Christian Dior and LVMH which publish results shortly - have seen their shares pummelled in recent days.

    Apple will report its financials for the Christmas quarter later this evening as will Starbucks and eBay.

    And in the UK, expect updates from Virgin Money, Saga and Irn-Bru maker AG Barr.

    As always, we'd love to hear from you. Email Business Live at bizlivepage@bbc.co.uk

  3. CMA to probe Viagogo-Stubhub $4bn takeover

    Crowd

    The Competition and Markets Authority has announced it is investigating the anticipated acquisition by PUG LLC (viagogo) of the StubHub business of eBay Inc.

    The merger was announced last month but the watchdog said today it will probe whether the move will "result in a substantial lessening of competition" in the resale ticket market.

    “Viagogo has a long history of ripping off its customers and disregarding consumer law so it is vital this deal, which would increase its grip on the secondary ticketing sector, undergoes close scrutiny by the CMA," responded Adam French of Which?“The regulator must closely examine the impact this could have on competition in the sector to ensure consumers do not lose out.”