Ecommerce Industry News
PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and […]
Four members of eBay’s Board of Directors will step down in June. The development comes after a major Board shakeup in 2020, the same year the government brought cyberstalking conspiracy charges against seven members of […]
eBay will hold its first Investor Day since it was subjected to an activist investor campaign in 2019. This year’s Investor Day will take place in March and will feature presentations by eBay CEO Jamie […]
eBay’s sale of its Classifieds Group to Adevinta hit a snag last month due to regulators in the UK. The two companies agreed this week to sell three of their UK units – Shpock, Gumtree […]
A majority of sellers thought eBay should sell its ticket marketplace when we surveyed them in January, so this week’s news that eBay found a buyer for StubHub at a price tag of $4.05 billion […]
Activist investor Carl Icahn forced eBay to split with PayPal in July 2015, but in a survey conducted last month, a majority of sellers said they were not better off as a result of the […]
eBay released fourth-quarter earnings on Wednesday, and it didn’t do anything to dissuade the activist investor from targeting the company. For a refresher, see last week’s article, eBay Once Again in Crosshairs of Activist Investor. […]
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 […]