All eBay articles
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News briefs
Newly launched SneakerCycle has over 33,000 pairs in stock
The recently launched U.S. resale platform SneakerCycle has more than 33,000 pairs in inventory. The average selling price of its shoes is $45. The business was created by Steven Salstein and Eric Mesa and has a 40,000 square foot warehouse in Miami. The two partners previously created GotSneakers which collects ...
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News briefs
eBay’s sales continue to decline
eBay has posted another revenue decline in the third quarter, which was marked by inflation and economic worries. In the quarter ended Sept. 30, revenues fell by 5 percent year-on-year to $2.4 billion. Adjusted income fell by 7 percent to $552 million. eBay has been struggling since the pandemic online ...
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ArticleSecondhand online marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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News briefs
eBay buys the sneaker-authentication business of Sneaker Con Digital
eBay bought the sneaker-authentication business of Sneaker Con Digital, which operates in the U.S., the U.K., Canada, Australia and Germany. Terms of the deal, which was closed on Nov. 24, were not disclosed. The companies have been collaborating since October 2020, with Sneaker Con providing a panel of experts ...
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News briefs
SBTi approves eBay’s ambitious climate action goal
eBay’s ambitious greenhouse gas (GHG) reduction targets were approved by the Science Based Targets initiative (SBTi). The U.S. e-commerce company commits to cut its own (scope 1 and scope 2) emissions by 90 percent by 2030 from a 2019 base year, in line with limiting global temperature warming to 1.5°C ...
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ArticleeBay starts sneaker authentication
eBay is expanding its Authenticity Guarantee service to sneakers sold on its online platform as it takes on its rivals StockX and Goat in the fast-growing collectible sneakers market. Through the program, all new and pre-owned collectible sneakers sold on eBay for over $100 in the ...
