Ebay hit with £7m extra UK tax bill after a review by HMRC October 11, 2018 E-commerce auction site Ebay’s UK office paid out an additional £7m in owed corporate taxes last year, after the closure of a review by HM Revenue & Customs (HMRC). In accounts published yesterday, Ebay UK paid a total of £13.5m in tax in 2017, £6m of which was for last year alone, on profits of [...]
Posh property: Victoria Beckham’s fashion HQ put on the market for £15m by Aberdeen Standard September 18, 2018 While Victoria Beckham’s property portfolio might be better known for residential planning disputes with Kensington neighbours, the former Spice Girls singer’s £15m commercial headquarters was put up for sale earlier today. The Grade A Hammersmith office space, which is currently owned by asset manager Aberdeen Standard, has been put on the market for £15.75m. Victoria Beckham’s [...]
Ebay 20th anniversary: Online auction giant celebrates 20 years of buying and selling September 4, 2015 Auction site eBay yesterday marked its 20th birthday – and it has come a long way since computer programmer Pierre Omidyar began the business, listing a broken laser pointer pen as his first item for sale. Amazingly, as he found a buyer, Omidyar knew he was on to a winner. The US-based company [...]
PayPal valued at just under $50bn as it soars past EBay on Nasdaq July 21, 2015 After its first day back as an independent company, PayPal is valued just under $50bn (£34bn). Read more: EBay revenue jumps 7pc as PayPal spinoff draws near The online payments company's share price closed up 5.43 per cent on its first day of trading after splitting from parent eBay, after initially soaring 11 per cent in [...]
Ebay revenue up seven per cent as PayPal spinoff draws near July 16, 2015 The figures Revenues at e-commerce giant Ebay jumped seven per cent to $4.38bn (£2.8bn) in the three months to the end of June , according to a report released today. The company’s net income fell to $83m, or seven cents per share in the second quarter, from $676m in 2014. Ebay has announced an additional $1bn [...]
As Jack Ma goes on a US charm offensive, does Alibaba pose a real threat to Amazon and Ebay? June 10, 2015 Mike van Dulken, head of research at Accendo Markets, says Yes In terms of sheer size, accounting for 80 per cent of all Chinese online shopping, with volume growth easily outstripping rival internet retailers thanks to 1bn items on offer to 350m buyers, and with 30m shipments made per day, fast-growing behemoth Alibaba represents a [...]
EBay share price jumps as profit beat expectations April 22, 2015 The figures EBay will complete its spinoff of PayPal into a separate company in the third quarter of 2015, the company announced in its first earnings results of the year. Revenue, sales and profits at the online marketplace came in above analysts' estimates – triggering a five per cent rise in its share price in [...]
Crack-smoking former mayor of Toronto Rob Ford is selling “memorabilia” on eBay February 26, 2015 The infamous former mayor of Toronto Rob Ford has put the tie he was wearing when he admitted to smoking crack cocaine up for sale on eBay. Ford, who is now a Toronto councillor, has put a number of items up for sale on the bidding site, including a personalised Saskatchewan Roughriders Jersey, which he [...]
The end of eBay as we know it? Job cuts and enterprise spin-off planned as Carl iCahn gets his way January 22, 2015 A shake-up at eBay will see the e-commerce giant slash 2,400 jobs and spin off its enterprise division as it bowed to pressure from activist investor Carl Icahn. The job cuts will be made across its global enterprise, marketplace and PayPal business – a loss of around seven per cent of staff – and is [...]
Copy of Charlie Hebdo sells for £100,000 on eBay January 14, 2015 The print run for Charlie Hebdo’s first issue since the attack on its offices was extended to 5m copies, with huge sums apparently changing hands. There were long queues around kiosks in France as the paper sold out, forcing the paper to extend its print run to 5m copies. In the UK, there was also [...]