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eBay will guarantee that the roughly 50000 new products on its Deals site will be at least as cheap as identical items sold by Amazon, Wal-Mart Stores Inc, Target Corp and other major retailers on the web
Scott Schenkel, Chief Financial Officer, eBay, said, "We expect this deal to close early in the second half of 2017, and upon deal close we will no longer report active buyer GMV and related financials for eBay India."