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VIEW EVENT INFORMATION: eBay |
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Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M |
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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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Job marketplace Freelancer.com announced today that it has agreed to purchased Escrow.com for $7.5 million in cash. The acquisition was funded by through an placement of $10 million AUD (about $7.8 million) in ordinary shares of Freelancer.com to institutional investors.
As its name suggests, Escrow.com provides online escrow services for e-commerce sites by holding payments for goods or… |
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