Intercontinental Exchange (ICE) wants to buy

ICE is offering $ 30 billion for eBay, The Wall Street Journal reported. This became known in early February 2021.

Ebay’s capitalization is currently estimated at $ 28 billion. The Intercontinental Exchange is interested in eBay’s main asset, an online retailer. In this way, ICE will be able to apply its technological expertise in eBay-based seller-buyer communication.

This is not the first ICE takeover proposal for an online platform. Now the management of eBay is studying the proposal received, negotiations on the deal are not underway.

After the news, Ebay shares rose 7%.

Intercontinental Exchange is a large exchange operator that, over 20 years of operation, has gathered a holding company from platforms for trading derivatives and OTC instruments, such as ICE and LIFFE (where key for the oil market Brent oil futures, contracts for natural gas, LNG, interest rates, stock indices, bonds, etc.), clearing houses, as well as the New York Stock Exchange (NYSE). ICE acquired the NYSE in 2012, acquiring the US-European exchange operator NYSE Euronext and then spinning Euronext into a separate company. In 2016, ICE studied the possibility of a takeover of the London Stock Exchange (LSE), but refused – largely due to the high probability that the deal would be blocked by antitrust authorities.


Ebay 25th anniversary

Ebay celebrates 25th anniversary. People from all the world use eBay platform to power their businesses, fuel their passions, 
give back to causes they care about and create lifelong connections.

And here are top 5 facts about Ebay:

  1. Worldwide. eBay operates in 190 markets around the world
  2. Free shipping. 70% of items are shipped for free
  3. Buyers. 180 millions byuers worldwide
  4. New items. 80% of items are new on eBay
  5. Mobile App. 530 million downloads of eBay app

Why Shop on eBay?

There are loads of benefits to shopping on eBay, starting with the 1.5 billion active listings, from Electronics to Fashion, Entertainment to Sporting Goods, Toys & Hobbies. Get free shipping on millions of items – over 70% of items are shipped for free. While eBay is still a one-of-a-kind marketplace for auctioning collectibles and art, 80% of items are new on eBay, and 90% are sold at a fixed price.

The eBay App Makes it Easier to Shop and Save

eBay has been making shopping easier since 1995, and the eBay App makes it even easier to shop from wherever you are. Browse your favorite categories, choose the items at the price you like best, and buy! You’ll also get daily deals and price change notifications, as well as exclusive offers for eBay app users only. Upgrade your shopping when you download the eBay app.

Browse. Buy. Carefree.

Get the item you ordered or your money back – it’s that simple with the eBay Money Back Guarantee. There’s no extra fee for coverage, and it covers your purchase price plus original shipping on virtually everything on our site. Enjoy carefree shopping on eBay!


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