ITV

Category: eBay

  • eBay to acquire Baazee.com

    eBay to acquire Baazee.com

    MUMBAI: Baazee was one of the few Indian companies to have survived the dotcom bust. Its founders are about to strike pay dirt. Online marketplace eBay has announced an agreement to acquire market portal Baazee.com, and its subsidiary Baazee.com India.

    This claims to be the largest online marketplace in India. The acquisition is expected to close in the third quarter of the year.
     

    The agreement will allow eBay to expand its global footprint into the Indian market. In turn, Baazee.com will use its new relationship with eBay to further develop its business and strengthen its position in our e-commerce market. eBay will acquire all outstanding shares of Baazee.com. for around $50 million, plus acquisition costs and post-signing adjustments.

    The combination of Baazee.com and eBay will allow buyers and sellers in India and around the world to gain access to a broader range of choice and convenience. The Mumbai based Baazee.com offers a diverse online marketplace for a range of buyers and sellers throughout India. Baazee.com currently has more than one million confirmed registered users who trade in a wide range of categories from consumer electronics and computers, to home decor and jewelry.

    eBay president and CEO Meg Whitman added,” Although it’s early days for e-commerce in India, we believe there is great opportunity over the long term. Baazee.com’s strong management team and solid focus on its community make it a natural fit with eBay.”

    A young e-commerce market our internet penetration while nowhere close to the US is said to grow steadily. There are currently 17 million Internet users in India, and that number is expected to grow to more than 30 million in 2006.

  • eBay India unveils the eBay Style Diva 2006

    Priyanka Chopra captivates the 2 million strong eBay community

    Mumbai, August 10, 2006: eBay India, India’s leading online marketplace, today announced the glamorous Bollywood actress Priyanka Chopra as the eBay India Style Diva for the year 2006. In an online poll through June and July, the 2 million strong eBay India community chose Priyanka as the unanimous winner and Style Diva. Gautam Thakar, Country Manager, eBay India Marketplace felicitated the Style Diva in Mumbai today and presented her with the eBay Style Diva trophy.

    Priyanka Chopra announced an opportunity for all Indians to participate in a charity auction and raise funds for the education of the girl child through reputed NGO – Nanhi Kali. Priyanka donated a unique experience “A day on the sets with Priyanka” to one lucky buyer on eBay India. All one needs to do to spend time with this gorgeous Diva is bid on the eBay India site (www.eBay.in/charity) between August 10 and August 19, 2006. All proceeds will go to the Nanhi Kali foundation which supports education for the girl child in the rural and urban areas of India.

    “I am thrilled that so many people chose me as the eBay Style Diva. I would like to thank my fans for their support. I have personally used eBay in the past and find it extremely easy, fast and convenient to shop. It feels great to be able to reach out to millions of people over the globe through this exciting platform. I love kids and I hope the charity auction helps raise funds to help Nanhi Kali educate girl children all over India.” said eBay Style Diva, Priyanka Chopra.

    Speaking on the occasion, Gautam Thakar, Country Manager eBay India Marketplace said, “It gives me great pleasure to announce Priyanka Chopra as the eBay Style Diva who is the unanimous choice of the members of the eBay community. At eBay India, we are witnessing a substantial increase in the demand for lifestyle products being bought online whether jewellery, apparel, furniture or even collectibles like coins or stamps. The rising popularity and growing consumer needs is persuading us to focus in this direction and led to the conceptualization of the Style Diva contest.”

    The other nominees of the Style Diva contest were Bollywood beauties – Kareena Kapoor and Bipasha Basu. The 45 days long online contest saw participation from across India and received an astounding number of votes. Out of the thousands of participants, five lucky eBay winners got an opportunity to meet, interact and spend a few precious moments with the newly crowned eBay India Style Diva, Priyanka Chopra! All eligible participants were awarded stylish eBay Style Diva merchandise.

    eBay has consistently supported charity fundraising both worldwide and in India. In India, eBay has raised 1.64 crores for NGOs through celebrity and high profile listings as well as direct donations.

    About eBay India
    eBay India (www.eBay.in), India’s leading online marketplace, is India’s biggest online trading community where anyone can sell or buy almost anything. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading. There are a wide range of products listed on eBay India in an array of categories including Apparel & Accessories, Books & Magazines, Cameras & Optics, Cars & Bikes, Coins & Stamps, Computers & Peripherals, Consumer Electronics, Fitness & Sports, Health & Beauty, Hobbies & Collectibles, Home, Décor & Furnishings, Jewellery, Kitchen & Home Appliances. Mobiles & Accessories, Movies & Music,
    Musical Instruments, Services & Real Estate, Tools & Hardware , Toys, Games & Baby, Travel, Tickets & Vouchers, Video & Computer Games, Watches and Everything Else. eBay India is a 100% subsidiary of eBay Inc.

    About eBay
    Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community.
    eBay is The World’s Online Marketplace®.

    For further information, please contact:

    Deepa Thomas/Sneha Deshpande Gaurav Bhaskar /Himanshu Mistry
    eBay India Vaishnavi Corporate Communication
    91-22-6669000 9867035852 / 9870224273
    dthomas@ebay.com /sndeshpande@ebay.com gbhaskar@vccpl.com/hmistry@vccpl.com
    www.eBay.in/mediacentre

  • eBay India offers exciting gifting options on the occasion of Raksha Bandhan

    Mumbai, August 3, 2006: It’s that time of the year when siblings come together to express their love for each other. To celebrate the spirit of Raksha Bandhan, eBay India, India’s leading online marketplace offers its all online shoppers gifting options to make this Rakhi a very special occasion for their loved ones.

    The range of Rakhi gifts spans from interesting rakhis, Puja thalis, silver artifacts to attractive apparel, jewellery items and gift hampers. eBay India also gives you the option of supporting a cause by offering special gifts from CRY (Child Rights & You).

    eBay India offers innumerous gifting options from a wide range of products listed on its site spread across 2500 categories. On any given day, there are over 100,000 live listings on the site with over 3000 new listings being added daily.
    For your sister, you could choose a gift from eBay India’s wide range of enticing jewellery, beautiful apparel, fashion accessories, health & beauty products, cool sunglasses, books, kitchen and home appliances and even home décor & furnishings.

    Especially for your brother, available on eBay India are men’s shirts, watches, wallets and accessories, home appliances, digital cameras and mobile phones.

    CRY offers especially for Rakhee, soft toys and curtain hangings! Make you sister / brother happy and bring a smile to a child’s face by buying CRY Rakhi products. Visit the CRY shop on eBay India to know more… http://stores.ebay.in/The-CRY-Shop-Division-of-CRY

    So what are you waiting for… come celebrate Rakhi with eBay India. Visit www.pages.ebay.in/promotion/rakshabandhan.html

    About eBay India

    eBay India (www.eBay.in), India’s leading online marketplace, is India’s biggest online trading community where anyone can sell or buy almost anything. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading. There are a wide range of products listed on eBay India in an array of categories including Apparel & Accessories, Books & Magazines, Cameras & Optics, Cars & Bikes, Coins & Stamps, Computers & Peripherals, Consumer Electronics, Fitness & Sports, Health & Beauty, Hobbies & Collectibles, Home, Décor & Furnishings, Jewellery, Kitchen & Home Appliances. Mobiles & Accessories, Movies & Music,
    Musical Instruments, Services & Real Estate, Tools & Hardware , Toys, Games & Baby, Travel, Tickets & Vouchers, Video & Computer Games, Watches and Everything Else. eBay India is a 100% subsidiary of eBay Inc.

    About eBay
    Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community.

    eBay is The World’s Online Marketplace®.

    For further information, please contact:

    Deepa Thomas/Sneha Deshpande Mythili Rao/Anushri Dubey
    eBay India Vaishnavi Corporate Communication
    Tel: 91-22-66690000 56568787
    dthomas@ebay.com mrao@vccpl.com
    sdeshpande@ebay.com adubey@vccpl.com