Leading online marketplace eBay Inc. (NASDAQ:EBAY) has acquired the myFitment group of companies. myFitment is an eCommerce platform that offers software tools to sellers of automotive and powersports parts and accessories. The financial terms of the deal were not disclosed. eBay’s Move to Make it a Leading Online Player in Auto Accessories The online automotive parts and accessories market is expected to reach a whopping $140 billion by 2027 from its current market size of about $19 billion. To that end, eBay’s move to acquire a leading player in this space, such as myFitment, aligns with the company’s growth strategy.
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