eBay Acquires Certilogo; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
eBay has acquired Certilogo, a company specializing in 'Secure by Design' digital ID technology and authentication. The terms of the deal were not disclosed. This acquisition will bring new technology to eBay's fashion category, expanding opportunities in the circular economy.
July 11, 2023 | 12:16 pm
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eBay's acquisition of Certilogo could enhance its fashion category with new digital ID technology and authentication, potentially expanding its market in the circular economy.
The acquisition of Certilogo could provide eBay with a competitive edge in the fashion category by offering enhanced security and authentication. This could attract more sellers and buyers, potentially leading to increased revenues. Therefore, this news could have a positive impact on eBay's stock in the short term.
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