Ebay’s CEO David Wenig quits abruptly over disagreements with board
Ebay’s chief executive and president David Wenig has abruptly stepped down after stating that he was “not on the same page” as its new board. Wenig, who had helmed the…
Ebay promises not to launch Christmas campaigns until November
Ebay has pledged not to launch any Christmas promotions until November, in a campaign poking fun at retailers who need “holiday chill”.
The ecommerce marketplace published a blogpost yesterday to…
Shopify to overtake Ebay in merchant sales volumes by 2020
Shopify is set to overtake Ebay in terms of sales volumes this year, becoming the second largest US ecommerce platform behind Amazon.
Ebay was already overtaken by Shopify in terms…
Second-hand fashion sales hit £187m on Ebay as “sustainable” searches skyrocket
Pre-owned fashion sales hit £187 million on Ebay over the last year as searched for “sustainable” fashion items skyrocket. Re-sale fashion sales have grown 15 per cent over the past…
Shopify now bigger than Ebay
Shopify is now bigger than Ebay and could soon become big enough to challenge Amazon’s dominance. The ecommerce platform’s market capitalisation now stands at $42.3 billion, bigger than tech rivals…
CD, DVD and video game sales drop 20% as streaming dominates
Streaming services continued to decimate CD, DVD and physical video game sales over the last quarter, according to new figures. CD, DVD and video game sales fell 19 per cent…
Facebook flooded with “fake review factories” according to Which?
Facebook’s fake review problem has not improved, despite the Competition and Markets Authority (CMA) demanding action. Fake review pages, offering to write favourable reviews on ecommerce sites in exchange for…
Reliance Retail could sell Amazon 26% stake as the retailer pushes into India
Reliance Retail is in Amazon’s sights and could soon count the ecommerce giant as a major investor. India’s biggest retailer is in talks with Amazon over the potential sale of…
Ebay sues Amazon over seller stealing allegations in fresh lawsuit
Ebay is suing Amazon employees for allegedly attempting to steal its top sellers as the battle between the ecommerce giants intensifies. Three Amazon employees have been accused of breaking racketeering…
Christmas shopping season starts this week according to Ebay
This week officially marks the start of Christmas shopping season despite the event being five months away, according to Ebay. The online marketplace says that the last year searches for…