eBay Inc. (
NASDAQ: EBAY), is a global technology company. The Company enables commerce
through three reportable segments: Marketplaces, Payments, and GSI. Even with the indignant "
Activist Investor" Carl Icahn constantly harping on eBay, this is one of the best turn-around stories of 2013. Nonetheless, there are some valid point to Mr. Icahn's argument about everyone's favourite online auctioneer.
Points to consider regarding eBay;
- A lot of chatter about a Paypal spinoff, which could garner huge gains for EBAY.
- Strong base price and solid bottom built along the $52.00 - $59.00 range.
- Alibaba IPO may heighten interest in the online retail section for 2014
- Multiple income streams from eBay, Paypal & StubHub
The
Company by providing online platforms, tools and services to help
individuals and small, medium and merchants around the globe engage in
online and mobile commerce and payments, the Company can facilitate
transactions. The Company also generates revenue through marketing
services, classifieds and advertising. The Company has also created an
open source platform that provides software developers and merchants
access to its applications programming interfaces (APIs), to develop
software and solutions for commerce. Its developer community includes
more than 800,000 members. In December 2013, the Company announced that
it has completed the acquisition of acquisition of Braintree. Effective
February 19, 2014, eBay Inc acquired PhiSix Inc.
