Online Auction | featured news

EBay to change fees to lure Amazon sellers

EBay is scrapping its complex, tiered set of "final value fees," calculated as a percentage of an item's sale price, and introducing flat-rate fees based on product categories.

 

EBay's fourth-quarter revenue rose 18 percent

EBay

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.

 

Starting Ebay Bid for a Single Twinkie Is $5,000

Twinkies

...Even if America’s iconic lard-log is dying, however, its entrepreneurial spirit is very much alive. Which is evidenced by the market for Twinkies and Twinkie-related products that is currently emerging on eBay. According to prices set by the sellers on the auction site, if you want a piece of air-puffed, sugar-soaked, corn-fed American history … it is going to cost you.

 

Newly-Minted Billionaire Is Spinning eBay Scraps Into Gold

Michael Rubin is lucky. And he’s also damned good. Lucky, because eBay approached him last year with a $2.4 billion offer to buy his moneylosing GSI Commerce–which provides Web design, customer service and shipping to big-brand retailers–a 51% premium over the share price. Damned, because Rubin has always played so loose and fast that he’s nearly brought on his own ruin–and stoked the wrath of shareholders. Good, because he has an uncanny eye for undervalued assets and a lifelong talent for turning them into gold.

 

eBay bans sale of magic spells, potions

Dateline: Dungeon and Dragons — if you're looking for a spell to aid you on your next adventure, traveler, then you're sorely out of luck. The great and powerful internet auction house eBay has henceforth banned all sales of wizardly enchantments and magic spells, even if you have a vacuum cleaner's worth of gold to offer.

 

Exclusive: U.S. in criminal probe of eBay employees

Exclusive: U.S. in criminal probe of eBay employees

U.S. prosecutors have launched a criminal probe into whether eBay Inc employees misappropriated confidential information from classified ad service Craigslist, according to a copy of a grand jury subpoena obtained by Reuters.

 

Alibaba Restructures Taobao Unit

Alibaba Group announced a major restructuring of its key Taobao unit, splitting the popular Chinese e-commerce platform into three separate companies focused on different market segments.

 

Yahoo Says Progress in Alibaba Talks

Yahoo executives said they had made "significant progress" with Alibaba Group to settle a row over ownership of a key unit that affects the value of the U.S. Internet giant's investment in its Chinese partner.

 

EBay to Buy GSI Commerce for $2.4 Billion

EBay to Buy GSI Commerce for $2.4 Billion

EBay Inc., owner of the largest e- commerce market, agreed to buy GSI Commerce Inc. for about $2.4 billion to add interactive marketing services.

Senh: Who the hell is GSI Commerce?

 

Alibaba.com CEO Resigns

Alibaba.com CEO Resigns

Alibaba.com CEO David Wei resigned after an internal investigation found that more than 2,300 sellers on the e-commerce site were committing fraud, sometimes with the help of Alibaba.com sales staff.

 

Subscribe to this RSS topic: Syndicate content