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Fri Apr 20 2007 09:05:29

eBay Considers StumbleUpon Buy and Other News

By: Ina Steiner

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eBay UK will appear on the BBC Working Lunch program today, according to the video report filed Tuesday that covered UK sellers' reduced exposure on eBay.com. According to Andrew Titcombe, after the piece aired on Tuesday, eBay closed down the discussion boards on the subject with a promise that it would re-open on Friday after the broadcast. He told AuctionBytes:

"A close reading of the discussion boards show a growing backlash against this "experiment" with 99% of poster complaining of greatly reduced sales and Powersellers complaining that they will soon lose their status because of this.  It seems to be clear from those who are still getting sales in the USA are saying that US buyers are unaware of the advanced feature in the search facility where eBayers have to click the worldwide button to be able to see a true picture of the international items available. UK buyers are listing in dollars on the USA site to counter this and direct buyers to their UK items."

The Wall Street Journal reported on Thursday that Ticketmaster has sued eBay and its StubHub subsidiary (paid subscription required to read WSJ articles). I could not find the court documents, and Ticketmaster declined to comment. An eBay spokesperson said eBay had not yet been served with the Ticketmaster lawsuit so could not comment.

TechCrunch reported that eBay will buy StumbleUpon (not confirmed), while Om Malik noted that Google has released a StumbleUpon competitor.

Regarding eBay's move into micro-financing, here is the response from eBay spokesperson Catherine England to my inquiry for more information:

"Microplace is an eBay-like platform for individuals to find and invest in microfinance organizations around the world and was acquired in May 2006 as part of eBay Inc.'s efforts to build out our Global Citizenship and Development initiative. This ongoing initiative is focused on maximizing our corporate resources to continue to drive social good through a variety of innovative programs. Examples of these programs include the successful Giving Works program available on the eBay Marketplace, which has generated millions of dollars for thousands of charities since 2000 and the eBay Foundation, which has contributed more than $13 million to non-profit organizations."

Darren Dittrich, CEO, sell.com classifieds, wrote to say sell.com will donate all proceeds for the remainder of the month of April 2007 to the Virginia Tech Hokie Spirit Memorial Fund. "As a Virginia Tech graduate, I (and my wife!) felt the need to do something more."




Comments (4) | Permalink

Readers Comments

eBay Considers StumbleUpon Buy and Other News   eBay Considers StumbleUpon Buy and Other News

by: Randy Smythe

Fri Apr 20 11:32:49 2007

I think an eBay purchase of Stumble Upon would be beneficial to eBay sellers. One of my eBay clients checked his traffic report recently and found that Stumble Upon was in the top 10 refering url's to his ebay store.

The next thing eBay needs to do is buy Squidoo.com :-)

eBay Considers StumbleUpon Buy and Other News   eBay Considers StumbleUpon Buy and Other News

by: Chairman

Sat Apr 21 05:35:52 2007

I think Squidoo is doing just fine driving traffic to my non-eBay sites.I'm not much interested in what eBay has to offer anymore.

eBay UK was a nice place to list but no longer.

eBay Considers StumbleUpon Buy and Other News   eBay Considers StumbleUpon Buy and Other News

by: jhet

Sun Apr 22 07:18:25 2007

I think that eBay will buy everything in future. Such big "monster". Lots of people use it and lots of things you can find there. Now calculate how much money does it have.

eBay Considers StumbleUpon Buy and Other News   eBay Considers StumbleUpon Buy and Other News

by: Melissa

Mon Apr 23 04:07:13 2007

I use both and would find it useful.  Of course, I detest the idea of conglomerates owning everything under the sun.  I mean, as the saying goes, "The rich get richer, and the poorer get poorer.  Of course, isn't that how it always has been and always will be?  



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