eBay

  • The Rise Of Micro Startup Acquisitions

    The Rise Of Micro Startup Acquisitions

    Recent news of Pinterest acquiring a two-person startup was probably a head scratcher for most of you. It shouldn’t be. Along with Kosei, Hike Labs was a focusedmicro acquisition intended to bolster Pinterest’s content discovery efforts. More companies should be following their lead. Read More

  • Luxury Consignment Site The RealReal Adds $40 Million In New Funding

    Luxury Consignment Site The RealReal Adds $40 Million In New Funding

    Online luxury consignment site The RealReal announced this morning its largest round of financing to date with news that it has closed on $40 million in Series D funding, as the company is poised to double its $100 million in annual revenue in 2015. The round was led by Industry Ventures and included participation from new investors Greycroft Growth, e.ventures Growth, and DBL… Read More

  • Auctionata Raises $45M To Build Out Its Live-Streamed Auction Business

    Auctionata Raises $45M To Build Out Its Live-Streamed Auction Business

    The tide is rising for live streaming services, and just as this is lifting apps, other kinds of streaming startups are seeing a boost as well. Today, Auctionata, a Berlin startup that broadcasts online live auctions for fine art and collectibles, announced that it raised €42 million ($45 million) in a Series C round of funding from a group investors led by MCI Management… Read More

  • Unpacking Etsy’s S1

    Unpacking Etsy’s S1

    Etsy’s S1 filing didn’t disappoint. Etsy is a powerful business with extraordinary network effects. Its customers are extremely loyal, and its committed sellers are earning significant income. But there are legitimate concerns: it is the quintessential case study on the challenge of low margin platforms. Additionally, it faces uphill challenges – a slowing growth curve… Read More

  • Mobile Web Surfers Again Facing Unexpected Redirects To App Store, Native Apps

    Mobile Web Surfers Again Facing Unexpected Redirects To App Store, Native Apps

    Remember the early days of web surfing? You’d be happily browsing through your favorite sites, clicking links – then, boom! – your screen was littered with pop-up advertisements! The problem became so prevalent, people began installing pop-up blocking software on their PCs as a solution to the ongoing annoyance. Today, as users make the transition to mobile, a new irritation… Read More

  • Sotheby’s Will Soon Let You Take Part In Its Auctions Right From eBay

    Sotheby’s Will Soon Let You Take Part In Its Auctions Right From eBay

    eBay pushed into collectibles and live auctions last year and now the U.S. retailer is adding a notable name to its list: prestigious auction house Sotheby’s. The duo have teamed up to live-stream auctions from Sotheby’s and allow prospective buyers to place bids in real-time via eBay. Read More

  • Atlassian Hires New CFO As It Gears Up For An IPO

    Atlassian Hires New CFO As It Gears Up For An IPO

    When private companies hire new CFOs with experience at a public company, chances are they are gearing up for a potential IPO. With Atlassian, that’s clearly the case. The company today announced that it has hired Erik Bardman as its CFO. Bardman replaces C. Alex Estevez who served as the company’s CFO from 2011 to last October. As Atlassian President Jay Simons told me earlier… Read More

  • eBay Trades Higher After Reporting $4.9B In Q4 Revenue, 2,400 Q1 Layoffs

    eBay Trades Higher After Reporting $4.9B In Q4 Revenue, 2,400 Q1 Layoffs

    This afternoon following the bell, eBay released its fourth-quarter financial performance. The company had fourth-quarter revenues of $4.9 billion, with GAAP earnings of $0.75 per share on profit of $936 million. Non-GAAP earnings were $1.1 billion or $0.90 cents per diluted share, just in line with analysts expectations that the company would earn $0.89 per share on revenue of $4.93… Read More

  • Amazon To Let Shoppers Bargain For Lower Prices With New “Make An Offer” Option

    Amazon To Let Shoppers Bargain For Lower Prices With New “Make An Offer” Option

    Amazon, pushing hard to pick up more business during the holiday season, wants you to make a deal. Taking a page from the likes of eBay and Priceline, it is introducing a new dutch auction-style feature. Users can now “Make an Offer” on a product, suggesting a lower price to the vendor than the one listed on Amazon. Amazon is rolling this out across about 150,000 items… Read More

  • eBay Debuts “Innovators Collective,” A Tech-Focused Section Featuring New Lifestyle Products, Electronics And More

    eBay Debuts “Innovators Collective,” A Tech-Focused Section Featuring New Lifestyle Products, Electronics And More

    With only weeks of holiday shopping remaining, eBay today has rolled out a new product category on its U.S. marketplace which features a collection lifestyle products and other items from companies ranging from emerging small businesses fresh off a crowdfunding round to larger, better-known tech brands like Nest. Called the “Innovators Collective,” this section of eBay now… Read More

  • Ebay Now Pulled From App Store As Company Rethinks Its Same-Day Delivery Plans

    Ebay Now Pulled From App Store As Company Rethinks Its Same-Day Delivery Plans

    Ebay Now, the same-day local delivery service from the online marketplace giant, was pulled from the App Store over the weekend, where previously it allowed mobile customers to shop from their phones in order to receive items from nearby retailers later that day for an additional $5 fee. The changes come about as eBay is rethinking how it wants to handle the high costs associated with… Read More

  • Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Investor and Silicon Valley kingpin Marc Andreessen is stepping down from eBay’s board of directors after a six year tenure. Andreessen announced the move on Twitter — as he often does — noting that it had been “an absolute privilege” to work with eBay President and CEO John Donahoe. 2/It’s been an absolute privilege to serve with John, Pierre, and team, and… Read More

  • EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    E-commerce giant EBay, soon to be split into two businesses, today reported its third-quarter earnings. The company reported revenues of $4.4 billion (or, $4.353 billion, to be exact), growing 12% on a year ago, on non-GAAP earnings per share of $0.68. This beat estimates on EPS but narrowly missed on sales (but, yes, beat if you rounded up, as eBay has). Analysts were expecting revenues… Read More

  • eBay To Host Live Art Auctions On New Site

    eBay To Host Live Art Auctions On New Site

    In July, eBay announced a partnership with noted auction house Sotheby’s to help bring its inventory of art, antiques and collectibles online via a new live auction format with real-time bidding. At the time, eBay said Sotheby’s was the “anchor tenant” to trial this new format on eBay.com. Today, the company is expanding on these earlier efforts with a number of… Read More

  • Ebay’s Dark Binary Star Is Finally Exploding

    Ebay’s Dark Binary Star Is Finally Exploding

    eBay hasn’t been a big deal since Beanie Babies. Back when an auction was the coolest thing on the web and real-time JavaScript countdown timers were all the rage, eBay’s main draw was a sort of theatre of commerce aimed at the bored and competitive. You, too, could win a genuine fake quartz Rolex or a broken Barney Rubble bank if you put in the time. The auction/commerce… Read More

  • eBay And PayPal To Split Into Two Separate Companies

    eBay And PayPal To Split Into Two Separate Companies

    eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is intended to help both businesses grow faster in their respective markets. The spin-out of PayPal is expected to be complete by the second half… Read More

  • eBay Reports More Diverse Staff Than Other Tech Companies

    eBay Reports More Diverse Staff Than Other Tech Companies

    According to a report released Thursday, eBay maintains one of the highest rates of gender diversity in the tech industry — 42 percent of its total employees are female. Women make up 24 percent of the company’s tech employees. Although this may seem like a relatively low number when considering women make up almost 50 percent of the company’s non-tech employees, it puts… Read More

  • For Its First Google Glass Effort, EBay Adapts Its RedLaser Product Finder App

    For Its First Google Glass Effort, EBay Adapts Its RedLaser Product Finder App

    Back in March 2013, eBay said it would start to work on applications for Google Glass — the idea being that the Android-powered, head-mounted computer could help consumers shop for things online and in the real world more seamlessly than pulling out your smartphone (and even less so, a full-fledged computer). Read More

  • eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of $0.69

    eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of $0.69

    Today after the close of regular trading, eBay announced its second-quarter financial performance, including revenue of $4.366 billion and non-GAAP earnings per share of $0.69. Its revenue tally for the period was up 13 percent year-over-year. eBay’s second-quarter GAAP earnings totaled $676 million. It’s non-GAAP earnings were much higher at $868 million. Read More

  • Apple’s “Secret” eBay Store Returns [Updated]

    Apple’s “Secret” eBay Store Returns [Updated]

    In fall 2012, a mysterious eBay store appeared that only sold Apple products at prices that undercut Apple’s own online refurbished store. The store was widely speculated to have been run by Apple, despite the company never confirming its involvement. That store disappeared last year, but now one just like it has returned, and this time around, it’s selling “Apple… Read More

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