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| VIEW EVENT INFORMATION: eBay |
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Was Ebay's BillMeLater Acquisition A Huge Blunder? |
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About the organization EBay:
Type: Business
Sub-Types: Website, Retailing Agent, E-Commerce, Online Deal, Store, Online Store, Internet, Application Software, Telecommunication, Telecommunication Software, Online Shop |
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Notable Organizations: EBay, Techcrunch
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| When eBay paid $945 million for BillMeLater in October, we blinked. The business assigns credit at the point of sale to ecommerce customers who can’t use credit cards because they don’t have them, have maxed out credit limits, or choose not to. It charges fees much like a credit card – currently 19% interest.
The credit markets were already a wreck in October, with… |
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