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Report: eBay makes acquisition after PayPal split
San Jose, Calif. – eBay Inc. is not wasting any time in moving on now that its long-anticipated split with PayPal Inc. is official. According to MarketWatch, eBay has acquired online consignment apparel retailer Twice, and will not maintain the Twice brand.
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Amazon competitor prepares for Tuesday takeoff
Hoboken, N.J. – The countdown is on for the latest competitor to Amazon.com to take off. Jet.com, which hopes to compete with the Amazon Prime membership service using “profit-free” pricing, has an online clock on its homepage counting down to launch at 6 a.m. ET on Tuesday, July 21.

