Who will buy ebay’s core marketplace business?

New CVuz56
Mar 30 7 Comments

Looks like ebay is in the process of breaking itself up into smaller companies and spinning them off or selling them to highest bidder. Exactly what Elliot investment wants to do with ebay.

Ebays business units:
Stubhub - $4-6 billion
Ebay classified - $8-12 billion (already have suitors)
Ebay core marketplace e-commerce ebay.com site - $15 billion

According to Elliot’s analysis (link below), Google is one of the potential buyer of core marketplace business to take on Amazon in the long run. With 180 million users if someone can bring fullfilment centers to ebay - boom, you have a clone of AMZN.

I think Facebook is another big suitor of core marketplace business.

Ebay stocks will likely hit $70+.

Elliot were the activists who took NTAP from about $20/share to over $90/share. They have a great reputation of enhancing value of the companies they engage with. Now they have bought themselves into ebay’s board.

What do you guys think?

Link to Elliot Investments research:
https://enhancingebay.com/content/uploads/2019/01/Elliott-Management-Letter-to-eBay-1.pdf

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TOP 7 Comments
  • eBay / Eng
    #yolo

    eBay Eng

    PRE
    Microsoft
    #yolomore
    Alibaba is also a potential buyer.
    Mar 30 2
    • New CVuz56
      OP
      US antitrust perhaps will not let Alibaba buy ebay.
      Mar 30
    • eBay / Eng
      #yolo

      eBay Eng

      PRE
      Microsoft
      #yolomore
      I don't think so, as Alibaba is not significant in the US
      Mar 30
  • eBay / Eng
    #yolo

    eBay Eng

    PRE
    Microsoft
    #yolomore
    No matter what eBay classifieds should not be separated from the core marketplaces!
    Mar 30 2
    • Amazon sprung
      Spotted the eBay classifieds employee
      Mar 30
    • eBay / Eng
      #yolo

      eBay Eng

      PRE
      Microsoft
      #yolomore
      Na I am an eBay employee. It's just that the classified business is very much integrated with marketplace, moreover it helps with growth
      Mar 31
  • eBay / IT
    manorama

    eBay IT

    BIO
    Coder
    manoramamore
    It depends on how Ebay is growing in revenue and income . That should tell us what can happen in future .
    Mar 30 0

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