Content about EBay

August 15, 2014

Retail organizations may not typically seek the services of a “marriage counselor,” but for retailers looking to implement innovative and disruptive technologies, global startup investor and accelerator Plug and Play Tech Center can help find the perfect partner.

Retail organizations may not typically seek the services of a “marriage counselor,” but for retailers looking to implement innovative and disruptive technologies, global startup investor and accelerator Plug and Play Tech Center can help find the perfect partner.

“We’re a marriage counselor between retailers and startups,” confirmed Michael Olmstead, director, Plug and Play Retail. “We gain an in-depth understanding of retailers’ pain points.”

August 13, 2014

Amazon.com has entered into direct competition with digital payment providers Square and PayPal by releasing Amazon Local Register, a secure card reader and mobile app that allows retailers to accept credit and debit cards from a smartphone or tablet.

Seattle – Amazon.com has entered into direct competition with digital payment providers Square and PayPal by releasing Amazon Local Register, a secure card reader and mobile app that allows retailers to accept credit and debit cards from a smartphone or tablet. Users create an account, purchase a $10 card reader, and download a free mobile app.

August 1, 2014

EBay Inc. has released its 2014 diversity report. The online auction retailer, whose global workforce is 58% male and global workforce is 61% white, says it has made improvements in workforce diversity but still has progress to make.

San Jose, Calif. – EBay Inc. has released its 2014 diversity report. The online auction retailer, whose global workforce is 58% male and global workforce is 61% white, says it has made improvements in workforce diversity but still has progress to make.

EBay’s global leadership is 72%, while its global technology wotkforce is 76% male. The non-tech workforce is much more gender-diverse, with a slight 51% male majority.

July 30, 2014

PayPal is rebranding its Bill Me Later online credit service as PayPal Credit.

San Jose, Calif. – PayPal is rebranding its Bill Me Later online credit service as PayPal Credit. PayPal says it is making the name change as it moves credit more towards the center of our business, aligning it more closely with the overall brand.

In addition, PayPal plans to introduce PayPal Credit to the U.K. and Germany, based on requests from customers and retailers. The company also plans to expand PayPal Credit to other markets in the future.

July 28, 2014

EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information.

San Jose, Calif. – EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information. According to Bloomberg, more than half of EBay’s existing 149 million customers have returned since the rest, and the company has also experienced 10-15% growth in new customers since that time.

July 28, 2014

EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information.

San Jose, Calif. – EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information. According to Bloomberg, more than half of EBay’s existing 149 million customers have returned since the rest, and the company has also experienced 10-15% growth in new customers since that time.

July 24, 2014

EBay is offering $3.48 billion in debt bonds in a sale that will close July 28.

San Jose, Calif. – EBay is offering $3.48 billion in debt bonds in a sale that will close July 28. EBay intends to use the net proceeds from the offering, for general corporate purposes including loan repayments.

$400 million of the debt will mature in 2017, with the rest coming due in stages through 2024.

July 24, 2014

EBay is offering $3.48 billion in debt bonds in a sale that will close July 28.

San Jose, Calif. – EBay is offering $3.48 billion in debt bonds in a sale that will close July 28. EBay intends to use the net proceeds from the offering, for general corporate purposes including loan repayments.

$400 million of the debt will mature in 2017, with the rest coming due in stages through 2024.

July 23, 2014

Police arrested six people on charges they were tied to an international ring that defrauded StubHub, the online ticket resale platform operated by Ebay.

San Francisco – Police arrested six people on charges they were tied to an international ring that defrauded StubHub, the online ticket resale platform operated by Ebay. In ticket value, the money stolen in the scheme was estimated to be at least $ 1.6 million. The charges include money laundering, possession of stolen property and identity theft.

July 23, 2014

EBay Inc. is still planning to expand its operations in Russia despite U.S. sanctions against the country’s government.

San Jose, Calif. – EBay Inc. is still planning to expand its operations in Russia despite U.S. sanctions against the country’s government. In public comments made in Moscow, EBay VP Wendy Jones said Russia is EBay’s top priority for expansion of its EBay Marketplaces division, and that eBay Marketplaces should go live in Russia in September.

Jones also said EBay doubled its Russian buyer base in 2013 and sold $425 million worth of goods there in 2012. Currently, Russian consumers make 90,000 EBay transactions per day.

July 16, 2014

EBay Inc. on Wednesday reported that its second quarter earnings rose 5.6%, topping analysts' expectations.

San Jose, Calif. -- EBay Inc. on Wednesday reported that its second quarter earnings rose 5.6%, topping analysts' expectations.

The company posted $676 million in net income, up from $640 million in the same quarter a year ago.

Revenue rose 13% to $4.37 billion from $3.88 billion in the same quarter a year ago.
 

 

July 15, 2014

The daily-deals website LivingSocial on Tuesday named Gautam Thakar, a longtime eBay executive, as its incoming president and CEO.

New York -- The daily-deals website LivingSocial on Tuesday named Gautam Thakar, a longtime eBay executive, as its incoming president and CEO. Thakar heads the e-commerce giant's Shopping.com price comparison site.

He will replace co-founder and outgoing CEO Tim O’Shaughnessy by mid-August.

 

July 15, 2014

The daily-deals website LivingSocial on Tuesday named Gautam Thakar, a longtime eBay executive, as its incoming president and CEO.

New York -- The daily-deals website LivingSocial on Tuesday named Gautam Thakar, a longtime eBay executive, as its incoming president and CEO. Thakar heads the e-commerce giant's Shopping.com price comparison site.

He will replace co-founder and outgoing CEO Tim O’Shaughnessy by mid-August.

 

July 14, 2014

EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles.

San Jose, Calif. - EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles. EBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York.

July 14, 2014

EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles.

San Jose, Calif. - EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles. EBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York.

July 3, 2014

EBay and U.K. general merchandise retailer Argos have entered an agreement to extend their offering of Click & Collect services via Argos stores.

San Jose, Calif. - EBay and U.K. general merchandise retailer Argos have entered an agreement to extend their offering of Click & Collect services via Argos stores. This extension will enable shoppers to select products from a much wider range of EBay sellers for collection from about 650 Argos stores.

July 3, 2014

EBay and U.K. general merchandise retailer Argos have entered an agreement to extend their offering of Click & Collect services via Argos stores.

San Jose, Calif. - EBay and U.K. general merchandise retailer Argos have entered an agreement to extend their offering of Click & Collect services via Argos stores. This extension will enable shoppers to select products from a much wider range of EBay sellers for collection from about 650 Argos stores.

June 26, 2014

eBay Enterprise, an eBay Inc. company, announced that Designer Shoe Warehouse will expand its omnichannel fulfillment capabilities with eBay Enterprise In-Store Pickup.

King of Prussia, Pa. -- eBay Enterprise, an eBay Inc. company, announced that Designer Shoe Warehouse will expand its omnichannel fulfillment capabilities with eBay Enterprise In-Store Pickup. The company is also poised to launch ship-to-store as part of its progressive omnichannel strategy.
  

June 25, 2014

Researchers at computer security firm Duo Security have discovered a flaw in the two-step method PayPal uses to authenticate account-holders.

San Jose, Calif. – Researchers at computer security firm Duo Security have discovered a flaw in the two-step method PayPal uses to authenticate account-holders. The flaw involves a temporary security key PayPal users can generate with a personal device as an additional step along with their password for account log-in.

June 24, 2014

EBay Inc. has appointed Craig Hayman as president of its eBay Enterprise business.

San Jose, Calif. - EBay Inc. has appointed Craig Hayman as president of its eBay Enterprise business. Hayman brings more than 30 years of enterprise technology leadership including executive positions at IBM’s Industry Cloud Solutions and WebSphere businesses.

June 20, 2014

John Donahoe, 54, president and CEO of EBay Inc., has been appointed to the board of directors of Nike Inc.

Beaverton, Ore. - John Donahoe, 54, president and CEO of EBay Inc., has been appointed to the board of directors of Nike Inc. Donahoe joined EBay in 2005 as president of EBay Marketplaces, and was appointed president and CEO in 2008.

June 20, 2014

Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

Matthews, N.C. – Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

June 20, 2014

Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

Matthews, N.C. – Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

June 18, 2014

PayPal is reportedly expanding the customer service center located in its European headquarters based in Dundalk, Ireland.

San Jose – PayPal is reportedly expanding the customer service center located in its European headquarters based in Dundalk, Ireland. According to the Irish Independent, PayPal will make a “massive investment” in the center in the next four years that will add 400 workers.

The expansion will bring the combined PayPal-EBay workforce in Dundalk to 1,850. New jobs will include customer solutions, risk operations and telesales positions.

 

June 12, 2014

PayPal has launched PassPort, a website designed to provide small businesses with free tools to expand their global sales.

San Jose, Calif. — PayPal has launched PassPort, a website designed to provide small businesses with free tools to expand their global sales. PassPort provides country-specific guidance on seasonal sales peaks; shipping and distribution logistics; currency exchange and fees; and customs procedures and taxes.

In addition to holiday-specific content, PassPort presents buying and selling patterns around the globe and across key corridors. PassPort helps businesses start selling internationally quickly via direct links to eBay Marketplace tools.