Announced
Completed
Synopsis
eBay, a global commerce company, completed the acquisition of Caramel, an end-to-end online automotive transaction solution provider. Financial terms were not disclosed. "At eBay, we know that buying a car is a significant decision, and trust is at the heart of that experience. By integrating Caramel's seamless platform, we are underscoring eBay's commitment to a more secure and transparent vehicle marketplace, which in turn makes it easier than ever for buyers and sellers to transact with confidence," Chris Prill, eBay General Manager, Motors.
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