According to wholesale reviews, popular auction site EBay is on the verge of acquiring a well known ecommerce vendor in a deal that is worth well over $ two billion. The share purchase prices have been agreed upon for this major deal which is expected to be sealed in the third quarter of 2011.
Experts say that the deal will empower eBay with new ecommerce backend powers. This seems to auger well for the portal’s plans for the next generation of its growth. The portal is on record with its intent to augment the next generation of commerce innovation. The proposed acquisition is a major step in that direction.
The ecommerce vendor that EBay has signed the deal with has the most complete integrated suite of ecommerce and interactive marketing options available. Wholesale reviews state that this can definitely strengthen the process of connecting online trading community across the globe for eBay.
When used in conjugation with Marketplaces and PayPal, the new deal will play a major role in enhancing their position as the best strategic global ecommerce company for brands of all types and retailers of all sizes.
The ecommerce vendor has close to two hundred retail customers and includes football league majors and other industry giants. There is no doubt that the deal will prove to be complementary to the existing operations of EBay. It will help extend the overall EBay operations assortment. In fact, the ecommerce industry firmly believes that the acquisition will help the auction portal to focus on delivering new ways for retailers and brands, will drive innovation and improve the process of engaging customers.
Wholesale reviews states that the deal has the potential to give EBay more capabilities as it looks forward to shore up its business and will also help them stand up firmly to competition including rival auction sites.