ADVFN - Advanced Financial Network.
HOME» NASDAQ » E » EBAY Stock Price » EBAY Stock News

Ebay Inc. Share News

 Ebay Inc. (mm) Stock Price
EBAY Stock Price
 Ebay Inc. (mm) Stock Chart
EBAY Stock Chart
 Ebay Inc. (mm) Stock News
EBAY Stock News
 Ebay Inc. (mm) Company Information
EBAY Company Information
 Ebay Inc. (mm) Stock Trades
EBAY Stock Trades

Indonesia's Telkom To Set Up Joint Venture With EBay

JAKARTA -(Dow Jones)- Telekomunikasi Indonesia (TLKM.JK, TLK), or Telkom, is set to form a joint venture with eBay Inc. (EBAY) to tap into the emerging e-commerce business in Southeast Asia's biggest economy, Telkom's chief said Monday. Rinaldi Firmansyah, chief executive, said in a statement that both companies have signed an agreement to form a joint venture named PT MetraPlasa. He didn't elaborate on the setup capital and stake proportion held by each companies. Firmansyah cited a survey by Frost & Sullivan that said Indonesia's e-commerce transactions' value was at $1 billion at the end of 2011. Research by MarkPlus showed the number of Internet users in the Southeast Asian country increased by 32% in 2011 to at least 55 million, "which shows huge potentials for e-commerce in Indonesia," Firmansyah added. Telkom, 53.24% owned by the Indonesian government, posted a 20.8% increase in its revenue from data and Internet services in 2011. With its relatively young population, increasing wealth, and a technologically savvy middle class, Indonesia is attracting investment from Internet-related companies. Google Inc. (GOOG) late last month opened an office in Jakarta. -By Andreas Ismar, Dow Jones Newswires; 62 21 39831277; andreasismar.sandiwan@dowjones.com

Stock News for Ebay Inc. (EBAY)
DateTimeHeadline
05/23/201510:06:02What is Dale Earnhardt Jr.âs Net Worth?
05/23/201509:22:02Black Friday History: How A Fake Holiday Became An American Tradition
05/21/201509:00:00StubHub Unveils New Personalization, Content and Discovery Features
05/20/201521:27:23At Some Small Merchants, PayPal Takes Toll on Cash Flow
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201514:53:02Why Adding Buy Buttons to Search Results Could Be Huge for Google...
05/19/201512:43:09PayPal to Pay $25 Million to Resolve Online Credit Allegations...
05/19/201511:40:37PayPal to Pay $25 Million in Credit Settlement
05/19/201511:29:56PayPal to Pay $25 Million to Resolve Online Credit Allegations
05/17/201520:58:19Wish, a Direct-From-China Shopping App, Lures Bargain Hunters
05/15/201522:41:07
05/15/201519:55:34Third Point Sells Entire $1 Billion Stake in Alibaba
05/15/201519:48:07Icahn Takes $100 Million Stake in Ride-Sharing Startup Lyft--Update
05/15/201519:26:51Google Pushes to Become Online Marketplace
05/15/201510:59:51Icahn Takes $100 Million Stake in Ride-Sharing Startup Lyft--Update
05/15/201510:40:09Icahn Takes $100 Million Stake in Ride-Sharing Startup Lyft
05/15/201510:31:12Icahn Takes $100 Million Stake in Ride-Sharing Startup Lyft
05/14/201520:29:12Proxy Firms Urge Intel Shareholders to Vote No on eBay's Donahoe...
05/14/201519:00:35Proxy Firms Urge Intel Shareholders to Vote No on eBay's Donahoe
05/14/201518:50:12PayPal to Trade on Nasdaq After eBay Split -- 2nd Update

Ebay Inc. and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad