All Posts Tagged Tag: ‘eBay’
We appear to have entered a whole new era for eBay. One that will go more head-to-head with Amazon, and one that will place a new added focus on local. First, the real news – the local part. You may recall that eBay announced the acquisition of Milo back in December. Now, the company has unveiled some new features stemming …
Although we don’t have the official numbers from Apple, it looks as though sales of the iPad 2 have been good. Maybe even great. After its opening weekend, some analysts projected that the new device had sold hundreds of thousands more that its predecessor in its opening weekend. Today, eBay released its sales statistics regarding the iPad 2. The numbers …
I had always wondered when someone would buy GSI Commerce (GSIC). eBay made the announcement that they have decided to purchase them in a very interesting move. Like many people, you may be wondering who is GSI Commerce? Well, they are one of the biggest ecommerce powerhouses that you have never heard of. Their client list is enough of an …
GSI Commerce, a public company that deals in ecommerce and interactive marketing services, should soon be the property of eBay. eBay announced this morning that it intends to acquire GSI for a whopping $2.4 billion. GSI has built up an impressive business in some respects. Its clients include Adidas, Bath & Body Works, FAO Schwarz, Godiva, HP, Major League Baseball, …
eBay said today, for the first time, it is making it free to list up to 50 items per month in auctions at any start price, and free to add the “Buy it Now” option to those listings. Starting on April 19 the new options will be available. “As we look toward the future of commerce, eBay is positioning small …
Mobile purchases – which were already becoming much more common – may soon really increase in frequency in the UK. eBay and Telefonica have struck a two-year deal that will see eBay apps and/or links preloaded on most of the phones O2 sells in the region.
This move’s rather significant. For starters, eBay’s already one of the first sites many people visit when shopping for something online, and with 22 million customers, O2 is the second-largest mobile telecommunications provider in the UK.
eBay said it expects double-digit annual revenue and earnings growth over the next three years. The company outlined its growth plans in a meeting yesterday. eBay expects revenues to reach at least $13 billion in 2013 (compared to $9 billion in 2010).
Today at eBay’s 2001 Analyst Day, PayPal announced the general availability of its digital goods solution, aptly called PayPal for Digital Goods.
The product is designed for online publishers. "The solution makes paying for content online convenient and secure for consumers, a long-time challenge for all sorts of digital content providers," a PayPal representative tells WebProNews.
The Goodwill said today it is launching a fundraising campaign on eBay to help people find and keep jobs.
In partnership with eBay Giving Works, eBay’s charity fundraising program, from February 7 to 13, Goodwill will be a featured nonprofit on eBay, offering people the opportunity to buy, sell or donate to support Goodwill’s job training programs. Dress for Success and the National Federation of the Blind will also be featured in February as part of the same campaign.
eBay lost an important employee last week (the VP of product development at PayPal jumped to Google) but things are now looking up on the personnel front. The company’s managed to poach one staff member each from Bing and Facebook, and both men have rather impressive resumes.
eBay is touting that its buyers and sellers donated a record $54.8 million to U.S. and U.K. Nonprofit organizations in 2010.
A donation was made every 24 seconds via eBay Giving Works, the company’s nonprofit fundraising program in the U.S., raising more than $91 a minute for nonprofits. Overall, donations were up 7 percent last year, compared to 2009, and nearly 9 million items were listed for sale, with all or a portion of the sale price donated to a nonprofit, more than double the items listed in 2009.
eBay said today it has hired Triad Retail Media to sell and manage all on-site display advertising on its network of websites.
Under the deal, Triad will provide display advertising management to offer more customized ads that will better highlight listings and improve the experience for buyers and sellers on the site.
Key features of the agreement include:
The fourth quarter of 2010 – which of course coincided with the all-important holiday shopping season – was a pretty good period for eBay. The company reported its financial results this afternoon, and managed to come in above analysts’ forecasts.
Update: eBay just announced that it has completed the acquisition.
BGC Partners, a firm with roots dating back to 1945, has new confidence in eBay. Today, BGC upgraded its outlook on eBay’s stock from hold to buy, and raised its price target by 25 percent, as well.
The new price target is $35, up from $28. That’s not a huge vote of confidence, considering that eBay’s stock is currently trading at $27.77, but at least shows BGC doesn’t think eBay is stagnant.
Earlier this month, eBay released two separate statements saying that mobile sales rose over a very short period. Now, the company’s opened up a third time on the subject, and it turns out mobile sales for the complete holiday shopping season (defined by eBay as November 25th through December 25th) grew by an impressive 166 percent.
That 166 percent was measured on a worldwide basis year-over-year, and helped eBay record $230 million in gross merchandise volume. The company may be able to report a pretty profitable fourth quarter as a result.
Whatever his faults, Microsoft cofounder Paul Allen is at least persistent and ambitious. Allen proved this yesterday by refiling a patent infringement lawsuit against AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo, and YouTube.
In the past month or so, Google, Yahoo, and Bing all released year-end lists detailing what’s been on their users’ minds. Now it’s at last eBay’s turn, as the company best known for its auction site has published what it calls the "Top Shopped" report.
Before we paste in the main list, here’s a quick (and perhaps unnecessary) word of explanation: no one’s claiming a soccer event, a football team, or an athlete was sold thousands of times. Instead, eBay just found that products related to them changed hands quite often.
eBay announced that it has acquired Critical Path Software, a mobile app developer, which it has been working with for over two years. The company has worked with eBay on creating iPhone apps for eBay, StubHub, eBay Classifieds, and Shopping.com.
eBay’s Richard Brewer-Hay on the eBay Ink Blog shared the following interview with Steve Romero, Critical Path president and founder, and Steve Yankovich, VP of eBay Mobile:
It apparently took eBay a little while to tally the numbers and write up the press release, but Sunday was a great day for the company. eBay saw mobile shoppers flock to the site, establishing December 12th as the busiest mobile shopping day ever.
An official statement from the company declared, "In the U.S. mobile gross merchandise volume (GMV) grew 127 percent over the same Sunday last year, generating nearly $5 million in GMV; worldwide, mobile GMV grew 165 percent generating $13 million in GMV."
eBay has added local shopping results from Milo, its most recent acquisition, to its RedLaser barcode-scanning application, now available on the iPhone and Android.
With the integration of Milo, shoppers on RedLaser can find out, through a single scan, which local retailers have an item in-stock along with the best price. Shoppers can scan products from 50,000 U.S. stores.
eBay has released the results of its first U.S. Online Business Index (OBI), a new report that focuses on small business owners views across a variety of topics.
More than half (60%) of eBay small business owners surveyed said they are considerably optimistic about the future of their online businesses during the 2010 holiday season.
eBay said today U.S. mobile commerce sales increased 146 percent year over year on Cyber Monday.
The company said mobile shopping peaked between 5pm and 7 pm PST. eBay said because of the growth in mobile holiday shopping it expects to generate more than $1.5 billion in gross merchandise volume in 2010, compared to $600 million in 2009.
An eBay-related dispute that began way back in 2004 seems to have finally run its course. Today, the U.S. Supreme Court announced its decision not to let Tiffany appeal previous legal losses regarding trademark violation and the sale of counterfeit goods.
Tiffany’s lawyers have argued for years that eBay should be proactive in keeping counterfeit products off its site and thereby protecting Tiffany’s reputation. eBay’s representatives maintained that the site’s policy of responding to complaints is more than enough.
When it comes to data centers, we seem to hear about Google and perhaps Facebook most often. Both companies have been known to announce new facilities and expansions on a regular basis. But apparently eBay has quite a lot of expertise in this field, too, as the U.S. Green Building Council recently awarded its Topaz data center the LEED Gold certification.
eBay has released a new version of its iPhone app that adds selling functionality and RedLaser barcode-scanning technology.
The updated iPhone app allows users to comparison shop by scanning barcodes and accessing a wider a variety of merchandise including electronics, movies and videogames.
This afternoon, eBay delivered its third quarter earnings report, and it’s a good bet that the company was eager to do so. eBay beat analysts’ forecasts for the third quarter, gave better-than-expected guidance regarding the fourth quarter, and also discussed an interesting stock buyback program.
Let’s start with the third quarter results. eBay managed to report earnings per share of $0.40, which is a significant improvement compared to the $0.37 analysts predicted. It also earned $2.25 billion in revenue rather than the expected $2.18 billion.
eBay has introduced a mobile app for Microsoft’s Windows Phone 7 devices.
eBay’s app for Windows Phone 7 allows users to search, bid, buy and check their buying and selling activity. The app uses Microsoft’s panoramic interface and Windows Phone 7’s push notification technology so users can recive real-time alerts on deals and best offer activity.
Update: As far as availability, PayPal tells us, "Mobile Check Capture is currently available in the US only. The underlying technology that makes this possible is based on legislation passed by US Congress in 2004 as a result of the 9/11 attacks. The legislation, called "Check Clearing for the 21st Century," or "Check 21," gives US financial institutions the opportunity to clear checks using imaging technology rather than transporting the paper itself.
eBay announced that it is working with Groupon to offer eBay Bucks members another way to earn bucks. Members of the eBay Bucks program can sign into their eBay account, access a Groupon offer from an eBay site page, and complete a transaction.
Members of the rewards program will earn 5% in eBay Bucks for Groupon deals that they purchase by clicking on the ad in their My eBay Bucks accounts and transactions on the Groupon site. In order for eBay to track and issue Bucks, users must click to the Groupon site.
In support of National Breast Cancer Awareness Month, eBay is asking people to sell, buy or donate through its eBay Giving Works program.
eBay Giving Works allows buyers and sellers to support nonprofits by selling an item and donating a portion of the proceeds.
“In fact, for the value of every laptop sold this month through Giving Works, one uninsured patient could get a mammogram,” said Robert Chatwani, Director eBay Global Citizenship.
eBay Marketplaces is a core property of its parent company, encompassing eBay itself, Kijiji, Shopping.com, and StubHub, among other sites. Unfortunately for eBay, the unit may soon be without a leader, as president Lorrie Norrington is resigning.
eBay critics shouldn’t draw too many conclusions about the cause of Norrington’s departure, as it’s rumored to be due to an illness in the family. It’s more the aftereffects that could be problematic.
eBay has announced some updates to its Feedback, Seller Standards and Buyer Protection systems. The company says they’re designed to ensure your seller performance ratings are a "true reflection" of the service provided.
eBay and the National Federation of the Blind (NFB) have formed a partnership to increase ecommerce job opportunities for blind Americans.
eBay now includes improved features for users to buy, bid and sell using the keyboard only, along with better ways to navigate content using assistive technologies such as screen access software.
Even as Facebook and Google continue to gear up for a battle for social supremacy, Yahoo’s losing an important member of its social media team to a different organization. Neal Sample, the company’s vice president of social platforms, is taking a job at eBay.
Microsoft co-founder Paul Allen has a company called Interval Licensing, and it is suing the following eleven companies: AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo, and YouTube.
The claim, filed in the U.S. District Court of the Western District of Washington, alleges that these companies have infringed upon patents held by Interval. The patents in question include:
In the not-particularly-near future, eBay’s checkout process will become a simpler affair. The company announced today that it intends to stop supporting third-party checkout solutions on June 30th of next year.
This seems like a wise move for several reasons. For starters, it will grant eBay more complete control over its site, and search boxes and Facebook widgets aside, it’s usually wise for companies not to rely on others. Too many things can go wrong, diluting the brand and/or spoiling the users’ experience.
PayPal may release a micropayment service before th year ends if reports are accurate. President Scott Thompson is said to have indicated as much.
The move would make too much sense not to come sooner or later, and sooner would no doubt be in PayPal’s best interest. Not only are social games among the biggest trends of the web, but news organizations are still experimenting with ways to drive revenues, and micropayments are not out of the question for some.
eBay said today it is launching its first-ever rewards program called eBay Bucks.
Any eBay user who lives in the U.S. and is a registered member of the site can participate in the eBay Bucks program. eBay Bucks offers shoppers 2 percent back on most items purchased through the site with PayPal.
PayPal has announced the launch of version 2 of its Android app. This feature "bump" technology, which lets two users bump their phones together to send money (much like the existing iPhone app).
eBay has launched a rewards program called eBay Bucks, which is free and open to all U.S. eBay users. Consumers can get 2% back on most items purchased through eBay’s Marketplace with PayPal.
The program was previously available in beta, but now it’s widely available. Users will get reward certificates at the beginning of each calendar quarter for the amount of eBay Bucks accumulated in the previous quarter. You have 30 days to spend the eBay bucks. They will be automatically applied to purchases upon checkout.
Believe it or not, this is a good – or even great – day to be an eBay shareholder. Although Google and Yahoo’s stocks basically fell off cliffs following iffy earnings reports earlier this week, eBay managed to publish some positive numbers this afternoon and has seen its stock jump in after-hours trading as a result.
eBay announced its upcoming seller updates for the fall. eBay’s Dinesh Lathi says the updates will help sellers take advantage of increased holiday traffic, maximize sales, and streamline their operations. "As promised, we’re continuing to consolidate changes that impact your selling into two or three releases per year with lead time to adapt," he says.
In the past year, eBay’s stock has risen by 17.57 percent. Amazon’s stock has risen by 40.92 percent. It’s possible to argue that eBay might learn a thing or two from Amazon, then, and an analyst at RBC Capital has done so by suggesting that eBay launch a program similar to Fulfillment by Amazon.
Starting on August 4th, eBay will be retiring its AdCommerce placements on eBay.com and eBay.ca. It will continue to offer the service in Europe and Australia.
This is a program that allowed eBay sellers to purchase pay-per-click ads on search result pages linking to their eBay stores and listings.
Did you use AdCommerce ads? What do you think of eBay’s decision to end the serrvice? Share your thoughts here.
PayPal is offering a new open source toolkit for Google App Engine that lets you integrate Java apps running on App Engine with the new PayPal Adaptive Payments API. The Adaptive Payments API lets developers embed payments into their apps, services, and platforms.
When announcing its acquisition of RedLaser one week ago, eBay noted that a purchase is made every two seconds using eBay’s mobile apps. Only now, as impressive as that frequency is, the delay between purchases may decrease, since the eBay application for BlackBerry has become available in six more countries.
A popular iPhone app is now the property of eBay and about to get much better. eBay announced this afternoon that it’s acquired RedLaser, and the company best known for its auction site intends to make the app free, increase merchandise selection, and integrate it into other products.
RedLaser is actually free as of this moment – eBay made that transition immediately – so don’t hesitate to act if you’re interested in trying it out. The app is meant to help consumers look up product information and compare prices online.
Microsoft, eBay and PayPal have launched an Internet Fraud Alert system aimed at helping security researchers report information they find online about stolen data.
Microsoft says its Internet Fraud Alert service will allow security researchers to more securely share information with service providers, retailers, financial institutions and government entities about incidents where compromised account credentials have been discovered.
Look for many, many interesting new PayPal apps and services to surface over the next four or so months. The second PayPal X Developer Challenge was announced today, and the competition is sure to draw lots of participants with $150,000 in prizes on the line.
A PayPal representative explained in an email to WebProNews, "[T]he grand prize is worth $100,000 – $50,000 will be deposited directly into the winner’s PayPal account and the other $50,000 will go towards waived transaction fees."
Individuals who have invested in Google, Amazon, eBay, and Yahoo might want to lower their expectations. Bank of America Merrill Lynch cut its price targets on the companies’ stocks today, with Google by far bearing the worst of it.
Earlier this month, Viacom’s supporters came out in force, formally taking the corporation’s side in its legal dispute with YouTube. Now eBay, Facebook, IAC, and Yahoo have acted to sort of balance the situation, stepping forward to ally themselves with YouTube.
We’ve run several stories on e-commerce site Bonanzle in the past. If you’re unfamiliar with it, it’s a site where many disgruntled eBay users turned for an alternative place to sell their goods. Last year, it reached a million listings in 6 months and was voted the best eBay alternative according to Examiner.com. Growth continued from there, with the company surpassing 100,000 registered users in September, representing 5,000% growth in a year.
Any eBay shareholders who were less than thrilled about eBay’s $1.2 billion acquisition of Gmarket last June may feel better after hearing about a new plan that involves the property. eBay announced late yesterday that it intends to work with Gmarket’s founder to expand Gmarket’s presence in Japan and Singapore.
eBay has released its first-quarter earnings report, and there’s good news for the company’s fans: it beat most analysts’ estimates. The bad news for fans (and especially shareholders) is that eBay’s stock has nonetheless fallen 8.14 percent in after-hours trading, possibly due to a weak forecast.
People who get spooked when online advertisements seem relevant – along with people who prefer it when ads actually relate to their interests – may appreciate a new step eBay’s taking. The auction company will attach icons to a number of ads, and these icons will allow individuals to express their wishes.
eBay said today it is launching a new microsite eBay Fashion that will sell clothing, shoes and accessories.
eBay Fashion offers a more visual shopping experience that highlights the selection of new, vintage, branded and designer merchandise available on eBay.
We’re not taking sides here, but April Fools’ Day seems like an appropriate time for some lawyers representing Tiffany to find out that they’ve wasted over a year and a half of their professional lives. This afternoon, a court affirmed a previous ruling that favored eBay in a trademark infringement lawsuit.
eBay said today it is launching two iPhone selling apps, one for its online marketplace and one for its new classifieds site.
With the new eBay Selling and classifieds apps users can photograph and list an item in less than a minute. On April 3, the company will introduce a new version of the eBay app for iPad.
eBay has partnered with the National Retail Federation (NRF), the trade association for the retail industry, to fight organized retail crime.
The partnership between eBay and the NRF will receive support from the Federal Bureau of Investigation, as part of an effort to halt crime in which items are stolen from physical stores and then sold online.
Ebay’s online payment service PayPal said today it would double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year.
PayPal said it plans to add more than 100 new jobs at its international headquarters in Singapore. New jobs will be located at all seven offices including Australia, China, Hong Kong, India, Japan, Singapore and Taiwan. For its Singapore business headquarters, PayPal will be seeking Singapore-based people with background in technology, product development, infrastructure design, risk and engineering.
eBay announced today the launch of the eBay Green Team Challenge, a program aimed at turning green shopping into a tangible environmental impact.
Under the program, the first 250,000 people to pledge to reuse on eBay, the company will protect an acre of rainforest in their name through a new collaboration with Team Earth, a coalition of non-governmental organizations, private sector companies and individuals convened by Conservation International.
This has not been a great week for American tech companies trying to do business in Europe. First, Google got in trouble over allegedly anticompetitive search practices and its policy on Street View data retention. Now, German antitrust authorities are looking at the way in which eBay has supported PayPal.
eBay has expanded into six new European markets by adding new sites in Russia, Czech Republic, Greece, Denmark, Sweden, and Norway. Shoppers in these countries now have eBay sites that actually cater to their local needs. That accounts for about 180 million shoppers, according to the company.
"The good news for sellers is that these buyers will be directed to listings on eBay.co.uk which may help increase sales for businesses that offer international shipping," eBay says.
eBay said this week it is launching a new offering called "Garden by eBay," an area on the site that will allow members to test new features and provide feedback for improvements and changes.
Garden by eBay is an opt-in initiative with a concept that is similar to Google Labs where users can test and experiment with different features before they are officially released.
The Paris District Court ruled today that eBay is liable for harming the reputation of luxury goods maker Louis Vuitton through its use of trademarks, company name and domain name.
The Paris court has ordered eBay to stop using keywords which harm the reputation of the Louis Vuitton brand to promote its sites and will impose penalties of $1,372 (1,000 euros) for future violations.
eBay announced that starting March 30, it will be "lowering the cost of selling for sellers of all sizes," a notion that is heavily disputed. The company claims it will introduce its lowest insertion fees ever, and that may be true for the lowest-priced auctions, but many are claiming prices are higher. Just read through the comments of this article to get a feel for what is being discussed.
eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008. That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.
During December 2009, winter weather hit the country driving holiday travelers online, according to Compete’s latest top 50 website rankings.
Six of the top 20 highest growth website categories in December were travel and weather related. The airport travel category attracted 40 percent more unique visitors in December (2.1 million) than the previous month. News sites related to weather and traffic also saw big growth, increasing visitors by 34.8 percent over November to reach 52.5 million unique visitors.
The last eBay-centric article to appear on WebProNews concerned mobile transactions during the holiday season; the company was quite proud of its stats and had made some noise about them. Now, there’s essentially been outside confirmation of its impressive performance, as eBay was declared the 2009 Mobile Retailer of the Year.
If any of your Christmas presents were a bit odd-looking or seemed like impulse buys, it might be because the gift giver did his or her shopping using a small, accessible screen. eBay reported today that mobile transactions picked up dramatically this holiday season compared to last.
PayPal has launched a new "Send Money" app for BlackBerry. It is now available for free via the BlackBerry App World.
"Have you ever gone to lunch with friends and forgotten your wallet, but remembered your BlackBerry? Well you longer have to be the friend who is constantly borrowing cash," says Eric Duprat from the PayPal Mobile team.
The app lets users quickly send money to people around the world – anyone in their contact list.
As you may know, Black Friday is a pretty popular day for online shopping as well as offline. With that in mind, it is no surprise that a lot of people turned to eBay to find deals and work on their holiday gift buying.
eBay suffered a significant malfunction this weekend as an unspecified "technical issue" affected users’ ability to both search and browse listings for most of Saturday. Now, the site’s been restored to working order, but a lot of sellers remain extremely unhappy.
It looks like the eBay-Skype spectacle has finally come to a close. Despite all of the arguments (legal and otherwise) that cropped up at one point or another, representatives of both companies announced last night that the sale of Skype to an investor group is complete.