eBay Inc. (EBAY) shares tumbled in pre-market trading on Thursday after the e-commerce giant reported third-quarter earnings that fell short of analysts’ expectations. While revenue and earnings per share beat estimates, the company’s guidance for the fourth quarter and fiscal year 2024 was weaker than anticipated, leading to investor disappointment. The stock dropped by nearly 10% in early trading.
A new 50p coin, the Atlantic Salmon, has dethroned the iconic Kew Gardens 50p as the rarest coin in circulation. Released in late 2023 to commemorate King Charles III’s Coronation, the Atlantic Salmon 50p is already commanding high prices on eBay and among collectors, with only 200,000 minted. Discover why this coin is causing a stir in the collecting community and what to look for if you find one in your change.
eBay is expanding its Circular Fashion Fund (CFF) globally to support sustainable fashion startups. The fund will invest $1.2 million in startups by the end of 2025, offering mentoring, networking, and the chance to win the title of “Circular Fashion Innovator of the Year” and a $300,000 investment. This global expansion reflects eBay’s commitment to fostering a circular economy and reshaping how people buy and sell fashion.
eBay is expanding its Circular Fashion Fund (CFF) globally to support innovative fashion startups that are driving sustainability in the industry. The fund will provide $1.2 million in investments and mentoring to startups in the US, UK, Germany, and Australia, with a focus on scaling circular solutions like rental and repair services.
eBay has won a dismissal of a U.S. Environmental Protection Agency (EPA) lawsuit, implemented zero selling fees for consumer-to-consumer (C2C) sellers in the UK, and announced plans for buyer-facing fees in early 2025. These moves come alongside improvements to the platform for UK customers, including simplified listings, easier delivery, enhanced local pickup, and improved wallet functionality.
eBay is simplifying its selling process and making it more appealing for both buyers and sellers. The online marketplace has announced the removal of all selling fees for private sellers across most categories, except for ‘Cars, Motorcycles & Vehicles’. This move, following the successful implementation of free selling in fashion earlier this year, aims to make eBay a more attractive platform for individuals looking to buy and sell goods.
eBay, the world’s largest online auction site, is experiencing steady growth fueled by its investments in AI, a thriving collectibles market, and expanding refurbished inventory. With its recent acquisition of Goldin Auctions and its AI-powered Magical Listing Tool, eBay continues to innovate and enhance the user experience for both buyers and sellers. Despite its steady growth, eBay’s stock has recently peaked, forming a potential bull flag pattern that could signal further upward momentum.
eBay is making waves in the fashion world by bringing pre-loved designer pieces to the catwalk during New York and London Fashion Week. The ‘Endless Runway’ events will feature curated collections of second-hand luxury items, showcasing the platform’s commitment to circular fashion and providing a platform for vintage and archive designs. Gen-Z shoppers, known for their love of pre-loved fashion, are expected to be major players in the success of the initiative.
After two decades in publishing, an American office worker decided to pursue his passion for eBay full-time. During the pandemic, he realized the potential of selling items online and started listing items from home alongside his day job. After being laid off, he made the leap into entrepreneurship and now earns a six-figure salary by selling a wide range of products, including rare and valuable items.
