The FTSE 100 Closed Up as UK Retail Sales, Consumer Confidence Data Offers Economic HopeĮuropean shares clock weekly decline as higher-for-longer rates loom sues eBay over sale of aftermarket motor vehicle products Justice Department Accuses eBay of Selling Illegal ProductsĮBay Faces Justice Department Complaint for Unlawful Sale and Distribution of Harmful ProductsĮBay Reportedly Sued by US Justice Department Over Sale of Harmful Products Tech Up as September Losses Ease - Tech Roundup UK's Motorway takes eBay approach for consumers to sell cars to dealersĪdevinta sets up committee to review acquisition offer Hunt for suspect jet engine parts spurs call for regulation Jefferies Cuts eBay's Price Target to $43 From $45, Maintains Hold Rating We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law. The forward-looking statements in this document speak only as of this date. In addition, actual results are subject to other risks and uncertainties that relate more broadly to eBay's overall business, including those more fully described in eBay's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the fiscal year ended Decemand subsequent quarterly reports on Form 10-Q. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the possibilities that the non-binding indicative proposal may not lead to a potential transaction between the parties or that Adevinta could enter into an alternative transaction or no transaction. The forward-looking statements in this document address a potential transaction involving Adevinta's shares and eBay's holdings thereof. The reader is cautioned not to place undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of eBay. Such forward-looking statements reflect eBay's current expectations or beliefs concerning future events and actual events may differ materially from historical results or current expectations. Such forward-looking statements are often identified by words such as "anticipate," "approximate," "believe," "commit," "continue," "could," "estimate," "expect," "hope," "intend," "may," "outlook," "plan," "project," "potential," "should," "would," "will" and other similar words or expressions. For more information about the company and its global portfolio of online brands, visit Forward-Looking Statements Certain statements herein are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. In 2022, eBay enabled nearly $74 billion of gross merchandise volume. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all.
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