Report: EBay seeking bids for Classifieds Group at activist investors' urging

EBay Inc. is making plans to sell its international classifieds arm, eBay Classifieds Group, the Wall Street Journal reported Friday, citing unnamed sources. According to the Journal, Classifieds could be worth around $10 billion. The private equity firms TPG and Blackstone Group Inc., as well as the Internet conglomerate Naspers Ltd. and the German publishing company Axel Springer SE, have reportedly expressed interest in Classifieds, and eBay has begun contacting other possible buyers. The Journal… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2020-02-21 21:52:59 UTC ]
News tagged with: #making plans #$10 billion #german publishing

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Recipe Report: Faludhaj

The faludhaj from The Sweets of Araby is indeed very, very sweet, like concentrated honey, which is essentially what it is. The sesame oil and toasted ground almonds contribute a nice roasted flavor, which adds dimension; still, I couldnt imagine eating more than a couple small spoonfuls of this. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-02-07 00:00:00 UTC ]
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Waterstone coy on bid for book chain

Written By: Bookseller Staff Publication Date: Mon, 07/02/2011 - 09:20 Tim Waterstone is reportedly pondering a bid to buy the bookstore he founded in 1982 with HMV billionaire investor Alexander Mamut. In the recent past, Waterstone has distanced himself from a bid saying while he would be... Continue reading at The Bookseller

[ The Bookseller | 2011-02-07 00:00:00 UTC ]
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Report: Worldwide App Revenue To Exceed $15 Billion in 2011

Mobile app downloads will increase 117 percent to 17.7 billion worldwide while mobile application store revenue will grow to more than $15.1 billion in 2011, a 190 percent increase, according to Gartner Inc. In 2010, app stores generated an estimated $5.2 billion from both download sales and... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #advertising revenue

WHS reports "solid" Christmas

Written By: Lisa Campbell High street book sales at W H Smith were down by around 2% like-for-like in the weeks leading to Christmas, according to analysts briefed by the company, equating to books outperforming other categories. In its formal Christmas trading statement, out this morning... Continue reading at The Bookseller

[ The Bookseller | 2011-01-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #trading performance #weeks leading #2% like-for-

Circalit Seeks Crime Fiction

A year-old social networking and digital distribution platform that aims to bring writers and agents together has created a contest to find "the next big crime fiction blockbuster." Circalit, launched in February 2010 as a place for screenwriters to showcase their work to studios, began inviting... Continue reading at Publishers Weekly