PayPal had never achieved a profitable quarter when it began trading on the NASDAQ stock exchange in February 2002. It reported a profit for the first time that quarter (Q1 2002), when it earned $48.8 million in revenue – up Read more
eBay CEO John Donahoe will serve as Chairman of the Board for PayPal following the separation of the two companies, but he faces criticism in his role as director on another company’s board. The Wall Street Journal reported Thursday that two influential Read more
Two republicans on the House of Representatives Committee on Oversight and Government Reform sent a letter to the US Postmaster General demanding she turn over details about the agency’s competitive products operations. In a letter dated May 13, 2015, republican Read more
Many online sellers rely on suppliers to get their inventory, and running out of stock is not an option. What if you could see at a glance all the key information about your suppliers, such as average lead-time needed to Read more
As eBay tries to increase cross-border trade and keep up with delivery and package-pickup trends, its UK arm has hired a new director of shipping and logistics. Mike Pitt joins eBay UK from retail consultancy the Javelin Group. In its Read more
Amazon announced it will build a new fulfillment center in the UK in Dunstable, north of London. The news comes after company had announced plans for a new fulfillment center in New Jersey earlier this week. The Dunstable warehouse will be 310,000 Read more
Etsy passed along a message from PayPal in a discussion thread about missing payments from sellers’ accounts. PayPal said the problem was resolved, but refused to disclose if the problem was on its end. For well over a week, some Read more
Postal workers in the U.S. will hold protests around the nation on May 14, a week before their contract with the USPS expires on May 20th. In a press release from the APWU (American Postal Workers Union), the union says Read more
The head of Google Shopping has left the company, his new employer revealed on Monday. Sameer Samat has been named President of Jawbone, a maker of consumer technology and wearable devices. Samat had been Vice President of Product Management at Read more
eBay management has a formidable task as the corporation prepares to split into two separate companies. Imagine the head of every corporate-level department trying to decide where they and each of their employees should go – eBay or PayPal. (This Read more
