While $50 million for Baazee back in 2004 was a lot of money, subsequently eBay's appetite to invest in India was wanting
eBay said it would sell its entire holding in Flipkart which represents $1.1 billion in value to Walmart and exit the Indian firm
When merger with Flipkart didn't fructify, SoftBank wrote off $1 bn in losses on account of erosion of value of the shares
Company expects deal to close in second half of 2017
eBay says it has cut jobs at its global development centre in Bengaluru in favour of shifting them to other locations around the world
eBay's new TVC is an invitation to shoppers to buy whatever they want online without fear of being judged