Announced
Financials
Sources
Tags
United States
Majority
product authentication
Acquisition
Private
Pending
Consumer Services: Other
Single Bidder
Friendly
Domestic
Synopsis
eBay, a commerce company, completed the acquisition of Sneaker Con Digital, an authentication business company. Financial terms are not disclosed. "eBay has always been a vibrant community of enthusiasts, with deeply knowledgeable buyers, sellers and employees. We partnered with Sneaker Con to launch sneaker authentication on eBay last year because the team shared our passion for the category – with best-in-class capabilities to deliver what our customers want most. The response to our authentication offering has been overwhelming, and this acquisition allows us to continue to transform eBay and bring a higher level of trust and confidence to every transaction," Jordan Sweetnam, eBay North America SVP and General Manager.
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