eBay has loaded off Skype but the ecommerce site is not holding itself back. Today it announced the launch of its iPhone app which is called Deals. That’s not all, it has also updated its existing app for the iPhone and iPod Touch and the reason to power its mobile offering is definitely the financial aspect. According to eBay’s own estimates the sales on its mobile site will cross over $500 Million as the year comes to an end. Its app has already been downloaded more that 5 million times, across 77 countries, which isn’t surprising given that it really makes the user experience worth all the time spent. You can download its existing app here and Deals app here.
Tag Archive: ebay
While it has taken all the time it needed, eBay has finally sold Skype at a healthy $2.75 Billion valuation. Plus the confusion on stake holders getting a 65% share or not has moved away too as Silver Lake Partners gets a 70% stake. Apart from that the stakes are shard by Joltid along with others in the list. This all comes in good time as Skype founders Niklas Zennstrom and Janus Friis plan to initiate a music startup, Rdio. Lets see how Skype fares all by itself.
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It is happening finally, eBay has agreed to sell 65% stakes of Skype for a healthy $1.9 Billion. The virtual phone service has been sold to a group of investors led by Silver Lake for Skype’s valuation at $2.75 Billion. Other investors included Andreessen Horowitz and Index Ventures and the buyout will be in cash value and will be closed in the fourth quarter.
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