EBay

Acquisitions

• In May, 1999, eBay acquired the online payment service Billpoint, which it shut down after acquiring Paypal.
• In 1999, eBay acquired the auction house Butterfield and Butterfield, which it sold in 2002.
• In June, 2000, eBay acquired Half.com.
• In August, 2001, eBay acquired Mercado Libre, Lokau and iBazar, Latin Americas auction sites.
• In July, 2002, eBay acquired PayPal, for $1.5 billion in stock.
• On July 11, 2003 eBay Inc. acquired EachNet, a leading ecommerce company in China, paying approximately $150 million in cash.
• On June 22, 2004, eBay acquired all outstanding shares of Baazee.com, an Indian auction site for approximately US $50 million in cash, plus acquisition costs.
• On August 13, 2004, eBay took a 25% stake in craigslist.org by buying out an existing shareholder who was once a craigslist employee.
• In September 2004, eBay moved forward on its acquisition of Korean rival Internet Auction Co. (IAC), buying nearly 3 million shares of the Korean online trading company for 125,000 Korean won (about US$109) per share.
• On December 16 2004, eBay acquired rent.com for $30 million in cash and $385 million in ebay stock.
• In May 2005, eBay acquired Gumtree, a network of UK local city classifieds sites.
• In June 2005, eBay acquired Shopping.com, a online comparison site for $635 Million USD.
• In August 2005, eBay bought Skype, a VoIP company, for $2.6 billion in stock and cash.