ICE Of Intercontinental Exchange Company, The Parent Company Of NYSE, Intends To Buy Ebay For $30 Billion.

EBay, one of the major e-commerce giants in the United States, was an old Internet Co in the United States. But today, the influence of eBay on the US technology market is becoming weaker and weaker. According to the latest news from foreign media, people familiar with the matter said on Tuesday that ICE, the parent company of the New York stock exchange, has contacted eBay to prepare for the acquisition of eBay for $30 billion.

According to foreign media reports, the cost of the acquisition will exceed 30 billion dollars, representing the substantial deviation of the ICAC's traditional business direction in the financial market. This will further enhance the operational efficiency of e-commerce platform eBay by making use of its expertise in the operation of financial markets.

According to sources, the interest of the ICAC in the acquisition of eBay is only preliminary, and it is not certain whether a deal will be reached.

According to an authoritative financial media in the US, the Intercontinental Exchange is not interested in the classified advertising department of eBay, and eBay has been considering selling the Department.

The news of the takeover prompted eBay's share price. EBay shares closed up 8.7% on Tuesday to $37.41, and the latest market value was $30 billion 400 million.

However, the shares of the Intercontinental Exchange fell 7.5% to $92.59, making the company's market capitalization of $51 billion 600 million, and investors worried that the deal could affect the performance of the Intercontinental Exchange.

Intercontinental Exchange and eBay declined to comment on the takeover reports.

At the same time, the Intercontinental Exchange Company, which operates futures exchanges and clearing houses, is under pressure from the US government regulators. Regulators have asked them to freeze or reduce the cost of operating the financial market, which has led to diversification of their business.

The practice of the Intercontinental Exchange rekindled investors' arguments over whether eBay should speed up its efforts to get rid of classified advertising. Classified advertising is advertising products and services for sale in the eBay market.

Earlier Tuesday, the Starboard, the famous American radical investment agency, once again called on eBay to sell its classified advertising business, saying that the company had not made enough progress in improving shareholder value.

"In order to get the best results, we think the classified advertising business must be separated, and a more comprehensive and more active operation plan must be worked out to promote the profit growth of the core market business," the starboard Fund said in a letter to the eBay board.

EBay responded that it would seriously understand the letters and views of the starboard fund.

As Amazon Co and Wal-Mart Store Inc compete fiercely in the eBay network market, eBay has shifted its focus to online advertising and payment services.

The company faced not only pressure from starboard side last year but also pressure from hedge fund Asset Management Co Elliot. In the past agreement, eBay provided board seats to its executives Jesse Cohen and Matt Murphy (Matt Murphy is the president and chief executive officer of Marvell technology company, which has been supported by the starboard Fund).

EBay also agreed to strategically evaluate its business in March last year, and agreed to sell the ticketing website StubHub in November for $4 billion 50 million in cash.

It is expected that the company will provide the latest information on classified advertising business this year. Elliot's valuation of the business is between 8 billion and 12 billion dollars.

It has been reported that over the years, eBay has made multiple acquisitions in the classified information advertising field, which has also become one of its core businesses.

In the past 12 months, eBay's share price has risen by only 7.5%, while the US Standard & Poor's 500 index has risen 21.3%.

Compared with Amazon, WAL-MART and other electronic business platforms, eBay mainly deals with transactions between small sellers or ordinary consumers. In the e-commerce market, Amazon has become a giant company in the world, and Amazon has expanded to many areas such as cloud computing, becoming one of the five technology giants. In recent years, WAL-MART, the world's largest supermarket, is catching up with Amazon in the field of electricity providers. In the India market alone, WAL-MART acquired the largest e-commerce website Flipkart in India, forming a situation of WAL-MART and Amazon monopolization of India's electricity supplier market.

In contrast, eBay's influence in the technology market has been shrinking. A few years ago, eBay had split its PayPal, a mobile payment subsidiary, and PayPal has gained broader opportunities for development. Meanwhile, it has ushered in the rapid development of mobile payment technology.

The starboard funds and Elliot are the famous radical investment institutions in the US. They often acquire large shares of Target Corp, then get board seats or individual shareholders' support, and require Target Corp to carry out major business reorganization or spin off so as to maximize shareholder value. For example, under the pressure of radical shareholders, the US Yahoo Corp split up and sold business, which has now completely disappeared from the market. The starboard fund has also been one of the radical shareholders to pressure Yahoo Corp.