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eBay
eBay is a U.S. multinational eCommerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its app and website.
How Main Street Businesses Honed Their Survival Skills In 2020
December 31, 2020
For Main Street businesses, to say 2020 was challenging is an understatement.
The good news, according to PYMNTS data, is that as 2020 is coming to a close, small- to medium-sized ...eBay On Turning Friction-Filled Payments Experiences Into Consumer Loyalty Opportunities
December 14, 2020
Consumers’ newfound affinity for touchless shopping and payment experiences at brick-and-mortar stores is influencing how they shop online, says Keala Gaines, vice president of global payment services for eCommerce marketplace ...DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News
December 11, 2020
In this week’s news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers’ digital shopping trends. The Weekender is here to ...eBay: Offline Payment Preferences Are Changing Online Habits
December 11, 2020
The pandemic is proving to be a tough loyalty test for retailers, as they are competing for customers’ attention in an environment where competition is still present in both online ...eBay To Award $500K In Grants To SMBs
November 25, 2020
eBay is launching a new grant program to support small businesses this holiday season, committing to give $500,000 to 50 businesses, the company announced in a press release.
Small business sellers ...eBay Repurposes LA Gas Station For Authentication Drive-Thru
November 20, 2020
An old Los Angeles gas station is getting a new life as a drive-thru authentication hub for eBay, according to a company statement on Friday (Nov. 20).
The vintage 1941 former ...Big Tech Earnings Cement Digital-First Economic Shift
November 2, 2020
Economic headwinds abound. This week marks the culmination of an election season like no other. Virus cases are rising.
But as earnings season nears its inevitable end, the puzzle pieces (in ...Driving Innovation With New Approaches To Digital Payments
October 30, 2020
eBay reported progress in migrating users onto its managed payments platform as part of its third-quarter earnings report. The company also expressed sufficient optimism in the digital-first economy to revise ...eBay Spotlights SMBs In Q3 Earnings
October 28, 2020
Touting its tech-led transformation under new CEO Jamie Iannone, eBay reported dramatically higher earnings and revenues for the third quarter on Wednesday (Oct. 28) and expressed enough optimism in the ...eBay Debuts reCommerce Marketplace
October 21, 2020
The reCommerce trend continues to gain momentum. eBay announced on Wednesday (Oct. 21) that it is launching a new destination for electronics products to feature Certified Refurbished products, not from its ...Ex eBay Execs Admit To Cyberstalking Plot
September 23, 2020
Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S. Attorney Andrew Lelling tweeted Wednesday (Sept. 23).
In June, six former eBay employees were charged ...Synder Links With Amazon, Others To Boost AR Automation
September 15, 2020
Finance and bookkeeping smart app Synder is integrating with a variety of big eCommerce companies, including Shopify, Amazon, eBay and Ecwid, to help eCommerce businesses with accounts receivable (AR) and ...eBay To Expand Payments Management In Europe
September 9, 2020
It soon will be time for eBay‘s payments management system to learn to say “merci,” “grazie” and “gracias.”
The San Jose, California-based online retail giant said in a news release on ...eBay Expands UPS Integration
September 3, 2020
After publicly expressing frustration with the United States Postal Service (USPS), eBay has announced the expansion of its partnership with additional shipping options for the company’s buyers and sellers. The ...New Report: How Online Marketplaces Can Capture The $129 Billion Small Business Seller Opportunity
August 31, 2020
The year 2020 has seen a boom in the U.S. eCommerce innovation space.
Not only are businesses large and small expanding their digital offerings far beyond what had ever been seen ...BNPL Firm Zip Teams With eBay Australia For SMB Financing
August 26, 2020
To provide small- to medium-sized businesses (SMBs) with access to working capital, buy now, pay later (BNPL) provider Zip Co. Limited has teamed with eBay Australia as it officially rolls ...eBay, LendingPoint Partner On US Seller Credit
August 5, 2020
EBay is teaming up with LendingPoint to give the eCommerce giant’s U.S. sellers access to funding to help them build up and sustain their businesses.
The companies dubbed the initiative “eBay ...eBay CEO Shares Growth Plan As Company Profits From Digital Shift
July 28, 2020
The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2 billion.
While eBay’s second quarter results ...Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector
July 21, 2020
In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector. Plus, Alibaba’s Ant Group plans ...Adevinta Signs Deal To Buy eBay’s Classifieds Division For $9.2B
July 21, 2020
In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 ...Should eBay Buy Overstock?
July 20, 2020
After a boardroom battle in which one side wanted eBay to get back to its roots, the company was rewarded Monday (July 20) by word that it’s close to selling ...Today In Payments: eBay Nearing Sale Of Classified Ad Division; Lollapalooza Co-Founder: No Concerts Until 2022
July 20, 2020
In today’s top news, eBay is near a sale of its classified ad division to Adevinta, and Lollapalooza’s co-founder said live concerts won’t be back until 2022. Plus, Mastercard is ...eBay Plans To Grow Managed Payments
July 20, 2020
eBay plans to start growing the management of its payments throughout the world beginning on Monday (July 20). The digital commerce company started down the path to handling the “end-to-end ...Report: eBay Nears Deal To Sell Classified Ad Division To Adevinta
July 20, 2020
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit.
The Wall Street Journal reports the 25-year old auction ...Qupital Inks Financing Services Deal With eBay
June 24, 2020
Hong Kong-based FinTech Qupital is expanding its reach as it unveils a deal to provide financing services to eBay sellers in one of the world’s fastest growing markets, Greater China.
Under ...Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B
June 24, 2020
With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 billion ...The Evolution Of eBay’s Global Payments Strategy
June 22, 2020
Managing relationships with multiple payment service providers and accounting for FX fluctuations can all strain merchants’ resources and stunt their growth, says Keala Gaines, eBay’s head of global payments services. ...Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News
June 19, 2020
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net $136B In Annual Shopping Event
June 19, 2020
In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded record sales figures in their ...eBay’s Head Of Payments On Localizing Buyer-Seller Experiences
June 19, 2020
Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no easy feat. Whether they partner ...Former eBay PR Chief Reportedly Involved In Harassment Campaign
June 17, 2020
A former eBay communications chief and veteran public relations executive was involved in a campaign to cyberstalk and harass a Massachusetts couple behind a newsletter critical of the online retailer, ...Former eBay Employees Charged In Cyberstalking Newsletter Publishers
June 15, 2020
Six former eBay employees have been charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California eCommerce corporation, according to a ...eBay Raises Q2 Expectations Due To Better Sales Than Anticipated
June 4, 2020
eBay has raised its second quarter (Q2) earnings outlook on better-than-expected results during the COVID-19 pandemic.
The California-based eCommerce company said it expects Q2 revenues in a range of $2.75 billion ...eBay Classifieds Attracts Interest From Axel Springer
May 22, 2020
A new suitor has emerged for eBay Inc.’s classified advertising business, the Financial Times reported.
Axel Springer, the German-based digital publishing house that is backed by KKR & Co., a global investment ...eBay’s Core Business And Charitable Efforts Amid The Coronavirus
May 1, 2020
eBay’s Q1 earnings results detailed a series of crosscurrents in different businesses, which added up to some modest gains. Its core business was down in the U.S., with an increase in the ...eBay Earnings Show Cross-Currents Of Its Business
April 30, 2020
As it is with most things surrounding eBay these days, its first quarter earnings announced late Wednesday (April 29) were complicated. The firm’s analyst call started with its new CEO ...Using Payments To Keep Workwear Affordable For The Essential Workforce
April 29, 2020
Buy now, pay later (BNPL) solutions are well on their way to challenging credit cards as younger consumers’ deferred payment method of choice.
Millennials carry two fewer credit cards than their ...Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020
In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit over alleged price gouging. Also, ...eBay Taps Ex-Walmart Exec As CEO
April 13, 2020
Jamie Iannone, who recently served as Walmart’s chief operating officer, is the new CEO of eBay Inc., the company announced in a press release on Monday (April 13).
“The Board believes ...Federal Retail Funding Options Remain Cloudy
April 2, 2020
As nonessential retail continues to struggle, the federal funding picture remains cloudy. Companies that could apply for loans or relief from the series of provisions in last week’s COVID-19 relief ...