Tag Archives: marketplace

eBay acquires Ticketbis


After completing the acquisition of AI startup ExpertMaker earlier this month, eBay continues its acquisition spree by buying Ticketbis, a Spanish online ticketing platform operating in 47 countries. eBay’s own ticketing company StubHub, will takeover Ticketbis with a new platform that will directly compete with rival Ticketmaster. StubHub will be able to expand its presence across Latin America, Europe, and Asia. With this acquisition, it will become the biggest global ticket marketplace based on volume of transactions and international reach. The deal terms were not officially disclosed but TechCrunch reports the amount to be $165 million.

eBay acquires ExpertMaker


In its bid to improve its online marketplace platform and enhance user experience, eBay has acquired ExpertMaker. ExpertMaker is a Sweden-based startup specialising in using artificial intelligence and machine learning to help organise and analyse big data. ExpertMaker can help eBay declutter its site and make it easier for people to find what they’re looking for, among its 900 million listings. ExpertMaker’s artificial intelligence software platform can analyse eBay’s massive amount of noisy data and extract hidden value in the data. This structured data foundation will allow eBay to make its search engine more targeted and improve overall user experience. The terms of the deal were not disclosed.

You can read about the acquisition here.

Hipages acquires Startlocal


Sydney-based hipages, Australia’s leading marketplace for tradies, has acquired business directory StartLocal for an undisclosed amount. Startlocal was founded in 2008 and has previously received an undisclosed amount of funding from venture capital firm Right Click Capital. StartLocal has a database of over 180,000 local businesses and 600,000 monthly visitors, all of which will be added to hipages. According to hipages, the integration is good fit with its existing platform and gives the company “an opportunity to expand into other fields in the future.” The acquisition aims to further strengthen hipages’ leadership in Australia’s booming on-demand market.

You can read about the acquisition here.

YourMechanic raises $24M in funding


The 2012 winner of TechCrunch Disrupt and Palo Alto’s top peer-to-peer car repair marketplace raised $24 million in funding from a consortium of investors. This brings the company’s total financing to $32 million. YourMechanic plans to use its new capital to expand its service to the rest of the United States and Canada. The company launched in 2012 and it allows car owners to review profiles of reputable mechanics and get instant quotes for their services. The site offers hundreds of services, including oil changes, brakes, belts, heating and A/C, manufacturer-scheduled maintenance and diagnostics, and all services are done at the car owner’s home or office. Compared to traditional repair shops, YourMechanic’s system allows its mechanics to earn more, enjoy a flexible schedule and build a direct relationship with car owners. In turn, car owners will not only have access to car experts but they can also compare quotes and get the best possible rates.

You can read about the funding here.