The Street -
18 Aug 2015 18:00
NEW YORK (TheStreet) -- eBay stock is falling 1.25% to $27.93 in early afternoon trading on Tuesday, after it sold a portion of its investment in Snapdeal, an Indian e-commerce company. The San Jose, Calif.-based company was an early investor of Snapdeal, which has seen valuation increase since then, giving eBay a strong return on investment, eBay CFO Scott Schenkel said in a statement. The ecommerce company will keep a significant share of Snapdeal, Schenkel added. TheStreet's Bryan Ashenberg�...
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