Ebay plans to sell corporate unit for $ 900 million

    The company Ebay is preparing to sell its corporate division , which helps large retailers to support the work of their online stores. According to the Wall Street Journal , the company is currently considering selling this unit to a group of private investors led by Permira for $ 900 million.

    Perhaps the deal will be announced today, the day before the completion of PayPal's independent division.

    It is worth noting that Ebay spent about $ 2.4 billion on the purchase of a corporate unit in 2011, then it was GSI Commerce, Techcrunch reports . If the deal with Permira really takes place, Ebay will receive losses of more than a billion dollars.

    Earlier, another potential buyer, Thomas H. Lee Partners LP, was offering $ 1 billion for the Ebay corporate unit.

    With the growing influence of competitors, for example, Amazon, Ebay is optimizing its business, and determining the optimal areas of work. So, the possible sale of Ebayenterprise was announced back in February, and the company also announced the allocation of PayPal as an independent work unit. In addition, this year eBay reduced about 7% of employees, this is about 2400 people.

    Ebay also sold a 28.4% stake in Craigslist.

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