eBay grew company-wide revenue 4% in the first quarter compared to a year earlier, saying the number was negatively impacted due to foreign currency translation. The strong dollar also negatively impacted cross border trade for the eBay Marketplaces business. “Weaker Read more
Bonanza is raising fees for Pro members, an optional plan that gives users access to premium features, and the online marketplace is letting users lock-in rates now. Fees on Bonanza will remain at the same level they have always been, Read more
eBay will soon require sellers to add product identifiers to their listings. eBay announced the requirement in the U.S. last month, and informed UK sellers on Tuesday as part of its Spring Seller Update. eBay UK’s annual spring release included Read more
eBay has backed away from instituting a new fee it previously announced affecting UK sellers. In March, eBay announced a new feeto go into effect in the summer along with fee hikes that took effect on April 2nd. “We want to Read more
eBay’s next CEO told the Korea JoongAng Daily he wants to evolve the eBay brand. During a recent visit to Seoul, Devin Wenig shared his thoughts about what he hopes to accomplish when he takes over later this year, after the breakup Read more
PayPal hired a global strategist in advance of its breakup with eBay later this year. Jonathan Auerbach will serve as Senior Vice President of Strategy and Growth. PayPal President Dan Schulman, who will become CEO after the split, said Auerbach’s Read more
PayPal is updating its User Agreement and Acceptable Use policy in the UK in part because of its pending breakup with eBay – for example, it will continue to place holds on users’ account for disputes arising from eBay’s resolution Read more
Two eBay shareholders are calling for changes to eBay’s corporate governance. The move raises the question of whether eBay executives have too much control over its board of directors, which is set up to act in the interest of shareholders. Read more
A collaboration between clothing brand Lilly Pulitzer and chainstore Target was widely anticipated by customers, but the affair turned sour for some shoppers. Lilly Pulitzer for Target included 250 different items across apparel, shoes and accessories for women and girls, Read more
You’ve heard of programs that allow consumers to trade in old cell phones and other electronics, but now comes a trade-in program for some vintage items: gaming consoles and games. Lots of trade-in programs for electronics have launched in recent Read more
