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 and opportunities for both the Read more
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 facing pressure from activist investors. Read more
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 involved in the incident – Read more
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 pressuring the Board, we took Read more
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 GMV decreased in the US Read more
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 an activist investor took aim Read more
eBay CEO Devin Wenig wasn’t available to talk to media about holiday sales on Cyber Monday, selecting Scott Cutler as his proxy for interviews. That’s because the chief executive was in Japan, telling Kyodo News that he wants to see Read more
eBay grew Marketplace GMV (sales) 5% in the third quarter. eBay grew active buyers by 4% across its platforms in the quarter; it had boosted its investment in brand marketing this year. eBay CEO Devin Wenig appears to be pinning Read more
Sellers unsure whether their listings go through the new eBay Managed Payments (MP) program can check.* eBay notified sellers today through an announcement board post: “Sellers who have been invited to register will see an email in their Message Center.” Read more
eBay CEO Devin Wenig tweeted yesterday that the company had begun rolling out managed payments (MP) on Monday to the “thousands of sellers” who had opted in, and today, eBay issued an official press release with more information about the Read more
