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Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeLatesteBay to buy card trading platform TCGplayer for $295 million

eBay to buy card trading platform TCGplayer for $295 million

eBay (EBAY.O) announced on Monday that it would buy TCGplayer, a trading platform for card-collecting games, for $295 million. The deal is expected to close in the first quarter of 2023, but will still be subject to some specific closing conditions. eBay said the acquisition will help better serve card enthusiasts, which are currently “growing substantially”. TCGplayer currently has more than 600 employees and will continue to operate autonomously after the acquisition.

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