eBay came in 1st place in the 2020 Sellers Choice Awards and snagged two individual awards: one for Profitability (for the 7th straight year) and one as the most Recommended marketplace. Ease of use and traffic are hard to beat, Read more
eBay has completed the previously announced sale of its ticket marketplace StubHub to Viagogo for $4.05 billion in cash, resulting in net proceeds of $3.1 billion. eBay also said it was expanding its share buyback plans for 2020 from $1.5 Read more
eBay published a new Global Marketplace Index that finds selling on marketplaces enables small businesses to reinvest in their local communities. Interim CEO Scott Schenkel said in Tuesday’s announcement, “Marketplaces like eBay have proven that ecommerce plays an important role Read more
eBay announced in November it would sell its ticket marketplace StubHub to Viagogo this year. In a February 7th filing (published online today), UK regulators warned eBay to stop any integration activities between the two marketplaces while it continues its Read more
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
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 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
In yet another eBay management move, Fergus Campbell, head of communications for eBay’s UK Gumtree classifieds business, is moving to become head of corporate communications for eBay UK. His predecessor is reported to have left eBay UK in September. Campbell Read more
