follow us

eBay to acquire RueLaLa parent

Retail Editor 3 -- Home Textiles Today, April 5, 2011

San Jose, Calif. - eBay plans to acquire ecommerce and interactive services provider GSI Commerce for about $2.4 billion, financing the deal with cash and debt.
GSI is parent to online private sale retailer as well as, a members-only shopping service that offers free two-day shipping and free shipping on returns for a $79 annual subscription.
"We intend to lead the next generation of commerce innovation," said John Donahoe, eBay president and ceo, who added GSI would "significantly strengthen our ability to connect buyers and sellers worldwide."

Featured Video

Other Home Furnishings Sites

Casual Living
Furniture Today
Gifts and Decorative Accessories
Home Accents Today
Kids Today
HFN - Home Furnishings News