eBay Inc. (NASDAQ: EBAY) manages eBay, an online auction and shopping website. EBAY was founded in 1995 and now has a presence in 40 countries. Over the years it has expanded to include standard shopping, barcode shopping (Half.com), online classified advertisements (Kijiji or eBay Classifieds), online event ticket trading (StubHub), online apartment listing (Rent.com), online shopping comparison (Shopping.com) online money transfers (PayPal), local sales (Milo.com) and fashion sales (Brands4Friends). more…
Tag: PayPal
Social payments are taking a giant leap forward. PayPal has unveiled a Facebook app that lets you send money to friends.
The app, simply titled Send Money, is just as straightforward as its name. You have the choice to send either an ecard with money or just money with no card. You select a card, choose a friend to send it to and then select how much money to send. more…
The brand that consumers will see when Visa’s digital wallet launches early next year won’t be the Visa logo.
eBay is set to unveil PayPal Access, a service for letting users use their PayPal accounts on other websites without the need to register an account or a credit card.
The service, which will make its debut Wednesday at eBay’s X.Commerce developers conference in San Francisco, more…
In its second acquisition in two weeks, eBay’s PayPal unit has bought mobile payments startup FigCard. Terms of the acquisition, which was announced on the PayPal blog, were not disclosed.
Boston-based Fig Card allows merchants to accept mobile payments in stores by using a simple USB device that plugs into the cash register or point-of-sale terminal. more…
EBay Inc. on Wednesday said that its first-quarter profit rose 20 percent on reinvigorated growth at its namesake e-commerce website and further swift growth at its PayPal payment service.
Revenue from the company’s marketplace business, which is its largest and includes eBay.com, climbed 12 percent to $1.55 billion – more…
eBay-owned online classifieds site Gumtree has appointed PHD to its media account as it seeks to double its users and ramp up marketing.
PHD has already been working with Gumtree on a project basis and the appointment will formalise the relationship. more…
Local ads for local people
The premise for Pat Kolek, COO of eBay Classifieds Group, wanting to speak to us was, we were told, to discuss the growing trend of consumer to consumer selling on eBay. Isn’t that what eBay has always done, we thought, well apparently not.
First, let’s tackle the difference between normal eBay and Classifieds. The latter not only lacks the auction element, it’s often free to the seller. The business model is more of a media than a retail one, with eBay looking to monetise the traffic generated from classified listings rather than from the listings themselves. more…
Image: Vikas Khot, eBay President & CEO John Donahoe
In an interview with CNBC-TV18′s President & Editorial Director of TV18 Business Media, Senthil Chengalvarayan, eBay’s President & CEO John Donahoe spoke about the company’s India plans. Below is a verbatim transcript of the interview. more…
eBay is launching its rewards program today: eBay Bucks, which allows any eBay shopper who lives in the U.S. and is a registered member of the marketplace, to earn 2 percent cash back on most items purchased through the site with PayPal. more…
It’s easy to get nostalgic about eBay
Despite the company’s booming PayPal business, its flagship auction site has been a bowl of hurt lately. Sure, marketplace revenue rose 13% during this year’s freshman quarter, more…