Ecommerce Industry News
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 […]
There was a shooting outside eBay’s California campus on Thursday, according to CEO Devin Wenig, but it appears to be unrelated to the company. The San Jose Mercury News said a hijacked UPS truck was […]
Much of the compensation executives receive come in the form of stock options, and it’s routine for them to cash out periodically. But since all eyes are on eBay due to activist investor Elliott Management […]
eBay spent more on marketing in the fourth quarter, but sales were nearly flat at a paltry 2% growth in GMV compared to a year ago. US sellers took the biggest hit – eBay reported […]
eBay is once again in the crosshairs of an activist investor, this time Elliott Management, which said it “beneficially owns” over 4% of eBay, making it one of the company’s largest investors. The last time […]