eBay

Flight-hailing startup BlackBird raises $10 million to replace driving with flying

The origin story of BlackBird, a startup that links travelers to planes and commercial pilots through an app, didn’t begin with air travel. It was prompted by car sickness. BlackBird CEO and fou

Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million

After twelve years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, i

EBay announces plans for new strategic initiatives under pressure from investors

In January, eBay received a strongly worded letter from activist investors Elliott Management, outlining a way forward for the company that Elliott saw as floundering. Two weeks ago, the company annou

EBay restructures regional operations, lays off a percentage of its workforce

E-commerce marketplace eBay has been rethinking its operations in a bid to bring the company back to growth amid strong competition from the likes of Amazon and a plethora of other online marketplaces

Europe agrees platform rules to tackle unfair business practices

The European Union’s political institutions have reached agreement over new rules designed to boost transparency around online platform businesses and curb unfair practices to support traders an

CEO of Rappler, a media company critical of the Philippines government, is arrested

There’s serious concern around press freedom in the Philippines after Maria Ressa, the CEO of independent media company Rappler, was arrested last night. Ressa, who was CNN’s bureau chief

Extend Fertility banks $15M Series A to help women freeze their eggs

Regal Healthcare Capital Partners backs Extend Fertility with $15 million to help the egg-freezing service expand to new markets.

Spotify, eBay set standard for fertility benefits, study finds

FertilityIQ's survey also indicates some companies implicated by the #MeToo movement improved their fertility benefits in 2018.

eBay beats in Q4 on sales of $2.9B and EPS of $0.71, but GMV of $24.6B is up only 1%

As eBay gets increasing pressure from activist shareholders like Elliott Management and Starboard to reform its business and turn it into a high-growth tech stock by overhauling its main Marketplace,

Elliott Management letter puts eBay on notice to improve stock performance, sell StubHub

Elliott Management, a NYC investment firm known for its activist streak, released a letter today sent to eBay’s management. The letter put the company on notice that the stock needs to do better

In emerging markets there are no copycats, just budding entrepreneurs

Every year I teach an MBA course at Stanford about the exciting opportunities for tech investors and entrepreneurs in developing economies.

FB QVC? Facebook tries Live video shopping

Want to run your own home shopping network? Facebook is now testing a Live video feature for merchants that lets them demo and describe their items for viewers. Customers can screenshot something they

EBay will now authenticate luxury jewelry items

EBay this morning announced it’s expanding the capabilities of its eBay Authenticate service — its luxury goods verification program — to now include luxury jewelry. Timed to coincid

Former eBay product chief RJ Pittman takes the reins at 3D capture company Matterport

Matterport, a provider of 3D image capture technology, has named former eBay chief product officer RJ Pittman as its new chief executive. Pittman will take the reins from former chief executive Bill B

Skype co-founder snags $105M for fintech lending venture in Southeast Asia

A fintech whale quietly going about its business in Southeast Asia has come out from under the radar after Oriente, a Hong Kong-based business headed by Skype’s first employee, announced that i

Amazon reverses tax-triggered block on US shop in Australia

Amazon has reversed a decision it made six months ago to shut off its US e-commerce site to Australian shoppers. Reuters reports that the U-turn comes after a customer backlash. Since July shoppers

Eventbrite adds two more women to its C-suite

Eventbrite has hired a chief commercial officer and chief data strategy officer.

Airbnb ends forced arbitration days after Google, Facebook did the same

Uber and Lyft put an end to forced arbitration earlier this year.

eBay adds home services to its site via new partners Handy, Porch and InstallerNet

eBay shoppers will now be able to buy installation services along with their purchases. The company this morning announced new partnerships with Handy, Porch and InstallerNet, which will allow on

As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads

Despite increasing competition from traditional retailers like Walmart and Target, which have invested heavily in e-commerce, and the whupping it’s routinely taking from Amazon among pure e-comm
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