eBay

  • eBay Valet Launches A Clothing Resale Service Focused On High-End Brands

    eBay Valet Launches A Clothing Resale Service Focused On High-End Brands

    Ebay today is expanding its professional selling service known as eBay Valet, where select, pre-approved Bay sellers will handle listing, selling and shipping items on consumers’ behalf in exchange for a split of the sales. The service will now accept high-end clothing, the company says, marking eBay’s desire to compete with a growing number of e-commerce sites and online… Read More

  • PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”

    PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”

    Digital commerce company PayPal is moving to establish itself as “more than just a button” to a global payments platform as it readies a split from parent company eBay later this year. “We’re coming into the market at a time when the financial services industry is going through some fundamental shifts,” new PayPal CEO Dan Schulman said at PayPal’s… Read More

  • PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    Payments company PayPal is inching closer to spinning off from its marketplace parent eBay. Today its designated CEO, Dan Schulman, announced that it plans to list on Nasdaq and use PYPL as its ticker — the original ticker it used before eBay acquired it in 2002. The  company plans to spin off eBay in the second half of this year. To date, some 18 billion transactions and… Read More

  • Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M

    Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M

    Job marketplace Freelancer.com announced today that it has agreed to purchased Escrow.com for $7.5 million in cash. The acquisition was funded by through an placement of $10 million AUD (about $7.8 million) in ordinary shares of Freelancer.com to institutional investors. As its name suggests, Escrow.com provides online escrow services for e-commerce sites by holding payments for goods or… Read More

  • Is Seattle Silicon Valley’s Next Favorite Stop? Crunch Network

    Is Seattle Silicon Valley’s Next Favorite Stop?

    In the last ten years, the Seattle tech scene has changed quite dramatically. In the 1990s and early 2000s, the only gigantic software companies in town were Microsoft and Amazon. For a time it even became common knowledge that most Seattle-based startups had only two viable exit strategies: go public, or get acquired by Microsoft. Read More

  • Commandments For The Speed Of Security Crunch Network

    Commandments For The Speed Of Security

    PF Chang’s. Domino’s. eBay. Home Depot. Nieman Marcus. Sony. That isn’t just a list of wildly successful companies, it’s also a list of hacked companies; companies whose security was profoundly, publicly compromised. And it’s just a very small sample of a much larger set. The problem is not just that our industry’s approach to security is compromised but a… Read More

  • eBay Pops 4% After Reporting Q1 Revenue Of $4.45B And Better-Than-Expected $0.77 In Per-Share Profit

    eBay Pops 4% After Reporting Q1 Revenue Of $4.45B And Better-Than-Expected $0.77 In Per-Share Profit

    Following the cessation of regular trading, eBay reported its first-quarter financial performance, including revenue of $4.45 billion and earnings per share of $0.77 using adjusted metrics. The street had expected a per-share profit of $0.70 on revenue of $4.42 billion. Up a fraction in a down market during regular trading, eBay is up just under 5 percent following its earnings beat. Read More

  • The Rise Of Micro Startup Acquisitions Crunch Network

    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 Crunch Network

    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

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