eBay

Justice hits eBay for $59M for selling obviously illegal pill-counterfeiting gear

You don’t need to resort to the dark web to find your illicit pill counterfeiting presses and molds. Just go to eBay and you can get one like new for a great price! Or at least you could until r

eBay plans to cut 1,000 jobs because it couldn’t grow enough

E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans t

eBay to pay $3M over cyberstalking campaign that involved sending fetal pig, live insects to couple

eBay has agreed to pay a $3 million fine in connection with a corporate cyberstalking campaign targeting a Massachusetts couple in 2019. The cyberstalking campaign was conducted by several eBay employ

eBay to gain $2.2B from sales of its shares in classified biz Adevinta

eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had origina

DOJ says eBay sold thousands of illegal, poisonous and polluting products

The Department of Justice raked eBay over the proverbial coals today, accusing the online retailer of “unlawfully selling and distributing hundreds of thousands” of products that threaten

eBay rolls out a tool that generates product listings from photos

eBay is rolling out a new AI tool for marketplace sellers that can generate a product listing from a single photo. Available in the eBay app for iOS to start, with the Android app to follow in the com

eBay acquires AI-powered product authentication company Certilogo

eBay announced today that it has closed its acquisition of Certilogo, a company that provides AI-powered apparel and fashion goods digital IDs and authentication. The financial terms of the deal were

eBay appoints new head of emerging markets, covering regions like Southeast Asia and India

eBay announced today that it has appointed Vidmay Naini as its general manager for global emerging markets, a role that covers the company’s growth in Southeast Asia, India, Eastern Europe, Israel,

Easyship strikes agreement to support eBay’s new International Shipping program

Easyship, the New York- and Singapore-based startup that enables e-commerce sellers to integrate with more than 250 courier services, announced today it has expanded its partnership with eBay to suppo

Bloomingdale’s goes all-in on metaverse with new virtual store

Bloomingdale’s virtual store will initially feature collections from brands like Polo Ralph Lauren, Marc Jacobs, David Yurman, MCM, Byredo and Baccarat.

Hackers access DoorDash data, T-Mobile teams up with SpaceX, and eBay buys TCGplayer

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source ve

Daily Crunch: Collectible trading card marketplace TCGplayer sells to eBay for $295M

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

eBay is acquiring trading card marketplace TCGplayer for up to $295M

EBay is acquiring TCGplayer, an online marketplace for collectible trading card games, in a deal valued up to $295 million, the company announced on Monday. The deal is subject to customary closing co

SoftBank, Sequoia China back this ERP startup enabling China’s online exporters

Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and AliExpr

Treggo, armed with new funds, takes on crowded Latin American last-mile delivery sector

Treggo works with thousands of last-mile providers to give merchants information on the best delivery provider in a certain zip code.

Ghost appears with new funding, marketplace to match buyers with unsold products

Ghost created a marketplace, similar to eBay, that provides a way for brands to get rid of excess inventory and will handle all of the posting, sales and shipment of goods sold.

How e-commerce companies can brave the new retail environment

Even with inflation, and a potential recession on the horizon, now is the time to reach out to existing customers and stick with them through the ups and downs.

UK launches antitrust investigation into Microsoft’s $69B proposed Activision acquisition

One more hurdle up ahead for Activision Blizzard, the games giant behind Call of Duty that Microsoft is looking to acquire for $68.7 billion. The U.K.’s Competition and Markets Authority has ann

eBay acquires NFT marketplace KnownOrigin for an undisclosed sum

eBay announced today that it’s acquiring Manchester-based NFT marketplace KnownOrigin. The financial terms of the deal were not disclosed. eBay says the companies have signed and closed the deal
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