eBay issued a statement in response to a letter from activist investor Starboard Value LP to its Chairman Thomas Tierney and interim CEO Scott Schenkel – see this morning’s Newsflash article (“Starboard to eBay: Sell Classifieds, Cut Marketplace Costs“). In Read more
Activist investor Starboard Value LP stepped up pressure on eBay to move faster to separate its eBay Classifieds Group and to cut eBay Marketplaces costs. It also voiced its support for Managed Payments and eBay’s initiative to increase revenue from Read more
eBay named a new General Manager of Canada as it moved Andrea Stairs to a new role leading marketing for eBay North America. Stairs has been at eBay since 2005. She became President & Managing Director of eBay Canada in Read more
Amazon felt no impact from the shorter holiday shopping season in the fourth quarter, according to Chief Financial Officer Brian Olsavsky, who was speaking to Wall Street analysts on Thursday in a post-earnings conference call. Many retailers and online merchants Read more
Online marketplace Bonanza has brought in a new executive to run its marketplace. Greg Braukus comes from Terex Corporation where he was most recently Director of Enterprise eCommerce. His first day at Bonanza was January 2nd. He spent over four Read more
eBay told sellers it was working on a new option to help them manage the shipping costs for their international listings. Monday’s email to sellers came a day after USPS raised its shipping rates, but the message was vague – Read more
eBay will roll out a very unique integration with UK’s Royal Mail this year, according to interim CEO Scott Schenkel. The CEO made the remarks during the fourth-quarter 2019 earnings call with Wall Street analysts on Tuesday when discussing eBay Read more
eBay is promoting its marketplace as the perfect place to get a deal on a luxury watch with the publication of a new report on Tuesday, and it’s showcasing deals offering up to 30% off on top brands. Want a Read more
Etsy’s Jewelry, Accessories, and Bags categories are popular year-round, but those categories see a boost in February and May, the marketplace revealed in a recent Seller Handbook post. The boost in sales coincides with some key holidays, it explained – Read more
Gemr closed its virtual doors on Monday after being unable to get additional funding to keep the company going. Gemr launched in 2014 to appeal to collectors. Founder Terry Anderton, who led a formation round of funding totaling $500,000 and Read more
