Email a copy of 'Sales on eBay Grew 29% in the First Quarter of 2021' to a friend
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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Well of course it grew! eBay was holding sellers’ payouts as Money Float so it can pad its quarterly results.
Funny my eBay sales did not increase 29% in the first quarter.
Not mine, sales dropped 40%, must be all the fee’s their collecting on shipping, taxes, charge backs. The fee on taxes and USPS increased their profit by 6-8% alone
“During the quarter, eBay raised over $35 million through eBay for Charity.
The company increased employee matching gift limits through the eBay Foundation from $2,500 to $10,000 per year.
The company also contributed to Asian Americans Advance Justice and supported employee giving during Black History Month and the Lunar New Year.”
Its great that eBay likes to be charitable on their sellers dime – but mom always told me “charity begins AT HOME” ……. try giving some to your sellers aka stop stealing their funds – then maybe Ill believe the hype that eBay is a charitable company.