Ecommerce Industry News
Figures released on Monday reveal that the sudden departure of eBay CEO Devin Wenig in September 2019 proved costly for the company beyond his $57 million exit package that year. In 2020, eBay had two […]
Former eBay CEO Meg Whitman is joining the Board of Directors of General Motors Co. (GM) effective today. Whitman served as eBay CEO from 1998-2008 and was most recently President of Quibi. Also serving on […]
Activist investor Starboard Value LP made public its demands to eBay that it hire an outside candidate for its CEO position and add four new members to its Board of Directors. In a letter today […]
Repeat purchases of commodity goods are low-hanging fruit for retailers, but it’s not something eBay has made easy for its shoppers to do. eBay is rectifying that, and on Thursday, the company announced the availability […]
The abrupt departure of eBay CEO Devin Wenig last month apparently left its board of directors scrambling. They named an interim successor but without negotiating a compensation package. Over 2 weeks after naming Scott Schenkel […]
If you’re having a paper-towel emergency, which online marketplace should you turn to? The topic came up last week and raises questions beyond the obvious ones like, who has a paper-towel emergency and under what […]
The current year is off to a great start, eBay CEO Devin Wenig told shareholders several times during a presentation at the company’s annual meeting this morning. He kept the focus away from eBay’s GMV […]
eBay CEO Devin Wenig tweeted today his views on the burden of online sales tax and tariffs on small businesses: “26 states have recently imposed significant internet sales taxes (with more to come), and consumers […]
eBay CEO Devin Wenig wrote his annual letter to shareholders today. We break it down in the EcommerceBytes Blog, and the fulltext of the letter follows: To Our Stockholders,The past year has brought remarkable challenges […]
eBay CEO Devin Wenig tweeted that the company paid its first cash dividend today. eBay had announced in January it would issue a dividend after experiencing stagnant growth in the fourth quarter of 2018 and […]