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eBay Dropping Rare Basketball Trading Cards in 24-Hour Auction Series
Prnewswire· 2024-10-22 13:00
Each of the 50 valuable trading cards – and the on-court milestones that make them available – were selected by former WNBA MVP and basketball analyst Candace Parker. With 'basketball card' searched more than 10,000 times per day on eBay globally during 2023, "Gametime Gets" gives fans a chance to bring home the thrill of the game.Starting today, fans can view the full "Gametime Gets" collection, along with the career benchmarks, league-wide records and single-game achievements that will trigger them to dro ...
eBay expands Circular Fashion Fund to start-ups, delivering $1.2 million investment by the end of 2025
Prnewswire· 2024-10-16 07:00
eBay partners with British Fashion Council, Council of Fashion Designers of America, Fashion Council Germany and the Australian Fashion Council, to extend its impact across the globeSAN JOSE, Calif., Oct. 16, 2024 /PRNewswire/ -- eBay, a leading destination for new and pre-loved fashion and luxury, has announced today the global expansion of its Circular Fashion Fund (CFF). The fund is designed to help fashion start-ups scale circular solutions, from production to end-of-life, including rental and repair se ...
Bargain Dividends: 3 Of The Most Attractive Picks On The Market
Seeking Alpha· 2024-10-02 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation ...
Avoid eBay Stock as 2024 Comes to a Close
Schaeffers Investment Research· 2024-10-01 16:37
E-commerce stock eBay Inc (NASDAQ:EBAY) is 0.5% higher at $65.39 at last glance, and earlier scored a fresh three-year high of $65.57. EBAY's gains accelerated after the company's fourth-quarter earnings report in February. The security now boasts a 50% year-to-date lead after yesterday clocking third-straight quarterly and monthly wins.Despite this impressive technical setup, it may be best to take a wait-and-see approach to the e-tail stock, as it tends to underperform in the fourth quarter despite the ho ...
eBay Announces Fifth Annual Up & Running Grants Recipients
Prnewswire· 2024-09-26 21:00
eBay awards $500,000 and technology stipends to boost economic success for 50 U.S. sellersSAN JOSE, Calif., Sept. 26, 2024 /PRNewswire/ -- eBay Inc. today announced the recipients of its fifth annual Up & Running Grants, a program established in 2020 to further eBay's mission of creating economic opportunity for all and investing in small business growth.This year, eBay selected 50 U.S. sellers to each receive $10,000, plus training and mentorship, to help strengthen and grow their businesses. In addition t ...
Why eBay Stock Is the Steady Performer You Can't Ignore
MarketBeat· 2024-09-23 14:42
eBay TodayEBAYeBay$63.71 +0.99 (+1.58%) 52-Week Range$37.17▼$64.96Dividend Yield1.70%P/E Ratio12.69Price Target$56.90Add to WatchlisteBay Inc. NASDAQ: EBAY is the world’s largest online auction site connecting buyers and sellers worldwide. It was one of the first consumer-to-consumer (C2C) online auction sites on the internet, and it's nearing its 30th birthday. eBay is no longer the hypergrowth e-commerce stock it once was; it is a stable and steady blue-chip internet stock that remains profitable with a s ...
eBay Inc. Announces New Member to Board of Directors
Prnewswire· 2024-09-19 20:05
New independent director, Bill Nash, CEO of CarMax, brings significant expertise in retail, e-commerce and technology development SAN JOSE, Calif., Sept. 19, 2024 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced the appointment of William (Bill) D. Nash to its Board of Directors, effective September 18, 2024."We are delighted to have Bill join our Board of Directors," said Paul Pressler, Chairman of the Board, e ...
The Journey Of eBay Stock From Humble Beginnings To A 6640% Increase Unveiling The Potential For More Explosive Growth
Benzinga· 2024-09-18 17:05
Since its launch in the 1990s, eBay stock has increased by 6,640% from just under $1, despite experiencing significant volatility. After a consolidation period where eBay's stock fluctuated between $35 and $52, it broke through the $52 resistance in March with an 11% increase. Despite a recent 24% rise in eBay's stock, it still needs to gain an additional 25% to return to its all-time high. Since its launch in the 1990s, eBay Inc EBAY stock has had an impressive journey. It started at just under $1 and ha ...
If I Could Only Buy 1 E-Commerce Stock During the Next Market Sell-Off, This Would Be It (Hint: It's Not Amazon)
The Motley Fool· 2024-09-17 00:02
One e-commerce stock is handily outperforming the broad market, but it remains overshadowed by larger competitors.The e-commerce industry is jam-packed with competition.Niche marketplaces such as Etsy and Wayfair have managed to fend off competition from larger industry stalwarts Amazon and Walmart. Moreover, platforms like MercadoLibre and PDD Holdings have proved to be formidable players overseas.But there is one e-commerce marketplace stock that deserves consideration for your portfolio right now. Amidst ...
eBay Inc. (EBAY) Goldman Sachs Communacopia + Technology Conference - (Transcript)
2024-09-09 19:42
Company and Industry Overview * **Company**: eBay Inc. (NASDAQ:EBAY) * **Industry**: E-commerce, Online Marketplaces * **Scale**: $73 billion GMV, 132 million buyers, operating in 190 countries * **Focus**: Non-new in season products (90% of sales), enthusiast buyers, three pillars of relevant experiences, scale, and magical innovation Core Views and Arguments * **Strategic Priorities**: * **Focus Categories**: Drive growth in key categories with leading customer satisfaction experiences. * **Scale**: Leverage the platform's scale for robust payments, advertising, international shipping, etc. * **Magical Innovation**: Utilize generative AI to create seamless experiences and unlock TAM across C2C and B2C. * **AI and Innovation**: * **Magical Listings**: AI-generated product descriptions and enhanced images. * **Fashion**: AI-driven features like size saving and personalized recommendations. * **Explore**: AI-powered personalized shopping suggestions. * **Internal Applications**: AI in customer service, engineering, and legal teams. * **Consumer Landscape**: * **Challenges**: Elevated inflation, interest rates, and consumer sentiment pressure. * **Benefits**: Non-new in season products, value and trust, sustainability. * **Execution**: Positive GMV growth and sequential improvement. * **Enthusiast Buyers**: * **Behavior**: High spend, cross-category shopping, repeat business. * **Investment**: Full funnel marketing, partnerships, and community engagement. * **Focus Categories**: * **Growth**: 4% growth in focus categories, 30% of business. * **Drivers**: Leading CSAT, authentication, personalized experiences. * **Investment**: Continued investment in existing categories and new launches. * **Competitive Landscape**: * **Advantages**: Scale, organic traffic, cross-category shopping, community. * **Strategic Capital Allocation**: Focus on differentiation, innovation, and monetization. * **Advertising**: * **Current**: 2.3% penetration, growing. * **Opportunities**: Seller penetration, listing penetration, ad rate optimization, new products. * **Take Rate**: * **Current**: [Indiscernible], positive momentum. * **Drivers**: Third-party advertising, financial services, shipping. * **Investments**: * **Focus Categories**: Continued investment in existing categories and new launches. * **Geo-Specific Investments**: C2C in Germany, Imperial Fashion in the UK. * **Horizontal Investments**: Trust, friction reduction, generative AI. * **Monetization**: Financial services, first-party advertising, eBay international shipping. * **M&A Philosophy**: * **Focus**: Core business investments, build by partner framework. * **Acquisitions**: Sneaker Con, myFitment, TCGplayer, Goldin Auctions, 3PM Shield. * **Minority Equity Stakes**: * **Returns**: $7.3 billion returned to shareholders since Q1 2022. * **Adevinta**: Significant shareholder value creation. * **Balance Sheet**: * **Financial Architecture**: Strong margins, best-in-class balance sheet. * **Capital Allocation**: Maintaining investment grade, gross debt to EBITDA, and EBITDA to net. * **Leverage**: Gross leverage at 3.2 times, targeted at 3.0. Other Important Points * **Sustainability**: Focus on non-new in season products and sustainability initiatives. * **Generative AI**: Exciting opportunities for future growth and innovation. * **Long-term Vision**: Leverage TAM in non-new in season products and generative AI to drive long-term growth and shareholder value.