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;

Stock News for Ebay Inc. (EBAY)
06/30/201514:21:03Stocks to Watch in E-Commerce: eBay (and PayPal)
06/30/201508:37:18Current Report Filing (8-k)
06/29/201515:21:00eBay Delivers “Hot Deals for Hot Days” Giving Shoppers Incredible Dis...
06/26/201516:23:00eBay Inc. Board of Directors Approves Completion of eBay and...
06/24/201507:00:23EU Launches E-Commerce Sector Probe
06/23/201522:59:26Alibaba Sells U.S. Subsidiary 11 Main to U.S. E-commerce Firm...
06/23/201515:32:36Alibaba Sells U.S. Subsidiary 11 Main to U.S. E-commerce Firm...
06/23/201514:50:42EBay Bans Sale of Confederate Merchandise
06/23/201514:45:11EBay Bans Sale of Confederate Merchandise on Its Site
06/23/201513:20:03Don’t Listen to Apple Watch Haters, Here’s How Fast the Smart Wea...
06/23/201512:59:00eBay Offers Easy Ways to Sell Gadgets after Father’s Day
06/19/201518:54:13EBay Divests Craigslist Stake Ahead of PayPal Spinoff
06/19/201513:00:13EBay Sells Craigslist Stake Back to Craigslist
06/19/201512:47:57EBay Sells Craigslist Stake Back to Craigslist Ahead of PayPal...
06/18/201517:28:59Current Report Filing (8-k)
06/18/201510:27:01Samsung Has Started Transferring Data to Russian Servers --Russian...
06/18/201507:09:24EU Competition Chief Warns Against New Regulations for Internet...
06/12/201511:02:02E-commerce Investment Opportunities for the Long Term:
06/11/201517:50:41EBay, PayPal 'Robocall' Policy May Violate Federal Law
06/11/201517:21:21EBay, PayPal 'Robocall' Policy May Violate Federal Law

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