For the third quarter, eBay sales and revenue topped a Wall Street estimate as it launched new initiatives in consignment services and refurbished appliances as well as product repairs. Net income from continuing operations was $1.31 billion, or $2.46 per diluted...
Home is tied for second place with Home Essentials after Apparel & Shoes as the top category purchased in the first phase of Amazon’s Prime Big Deal Days. Among verified purchasers, according to market researcher Numerator, 23% of Big Deals Days shoppers bought...
The United States Department of Justice has filed a lawsuit against eBay alleging the c-commerce company has sold products that violate U.S. Environmental Protection Agency rules. In rejecting the allegations, eBay said the company already is working with law...
The Jungle Scout Consumer Trend Report for the third quarter reveals more consumers, 41%, spent about the same amount during the period compared to the second quarter than those whose spending declined, 35%, or increased, 24%. At the same time, the Amazon selling...
For the second quarter, eBay posted sales and earnings gains with help from higher advertising revenues against a small slide in gross merchandise volume. Net income from continuing operations was $172 million, or 32 cents per share, compared to a net loss of $536...