EBay Buys GSI for $2.4B in Bid to Manage E-Commerce for Big Retailers

EBay has agreed to acquire GSI Commerce, the e-commerce technology and marketing services company, for $2.4 billion in cash and stock. The company is making a play to manage the e-commerce operations of other large retailers and brands, opening another front in its competition with Amazon.

Source: http://feedproxy.google.com/~r/AdvertisingAge/LatestNews/~3/EL9Ln7_X49k/article.php

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