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April 8, 2014
05:53 EDTEBAYeBay's Magento, PayPal announce partnership with BOXPARK
Magento and PayPal, both eBay companies, have announced its partnership with BOXPARK for a revolutionary digital concept, to offer a seamless omnichannel commerce experience for retailers and consumers. BOXPARK MARKET PLACE expands on the existing Shoreditch pop up mall to include an integrated iPad POS system, online marketplace for brands, and mobile application enabling retailers to engage consumers across multiple points and increase BOXPARK inventory to online and mobile audiences via a Magento-powered storefront. PayPal will power the initiative’s transactions through cashless transactions, both online and offline, for BOXPARK customers.
News For EBAY From The Last 14 Days
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September 28, 2015
08:53 EDTEBAYMercadoLibre downgraded to Sell from Neutral at Citi
Citi downgraded MercadoLibre (MELI) to Sell with an $80 price target citing unfavorable currency moves and slower growth assumptions for Brazil. The stock is three times more expensive than eBay (EBAY), Citi tell investors.
07:38 EDTEBAYBox to hold a user conference
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September 24, 2015
08:51 EDTEBAYCiti cuts Twitter estimates below consensus, drops target to $30
Citi analyst Mark May says his analysis indicates the consensus estimates for Twitter (TWTR) may be too high as they assume "meaningful increases" in monetization which he believes may prove difficult to realize. May cut his 2015, 2016 and 2017 earnings per share estimates for Twitter to 30c, 34c and 58c, respectively, well below the consensus estimates of 34c, 63c, and $1.03. He also cut his 2016 revenue estimate to 3% below the consensus. It will be difficult for the stock to achieve sustained multiple expansion until user growth accelerates and/or revenue growth stabilizes, May tells investors in a research note. He moved the stock to Citi's "High Risk" designation given Twitter's recent user trends and his belief that his estimates are unlikely to move up in the near-term. He keeps a Neutral rating on the name. May's top picks among U.S. Internet stocks remain Facebook (FB), (AMZN) and eBay (EBAY).
06:39 EDTEBAYJPMorgan sees 'choppy' near-term outlook for eBay, cuts target to $32
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