Tag: eBay

EBay activates plan to shift more business to UPS and away from Postal Service because of mail delays

The company said that by the end of September, eBay sellers will be able to print out discounted UPS shipping labels, at a cost up to 62 percent cheaper than typical UPS rates.

For the Postal Service, the loss of eBay revenue could be substantial: A spreadsheet of the Postal Service’s largest customers prepared last spring showed the e-commerce site was agency’s second-largest retail customer, shipping more than 130 million items up to that point in the fiscal year. The USPS generated more than $743 million in revenue from eBay packages in that fiscal year while grappling with a $160.9 billion deficit.

EBay is second only to Amazon, which generated more than $2.3 billion in revenue for USPS during the same time frame, and whose business top Postal Service managers were fearful of losing, The Washington Post reported this week.

EBay facilitates online sales by private individuals and businesses across

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Miss out on PS5 preorders? There’s one for sale on eBay for $25,000

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Preorders for the PlayStation 5 appeared to sell out shortly after they began on Wednesday.


Sony

When Sony announced the $400 entry price for its PlayStation 5 video game console Wednesday, it said preorders would start the next day. Many large retailers decided to start sales early, surprising fans who quickly surfed to websites only to learn the device had already sold out.

But not at eBay. The popular auction site was filled with listings for PlayStation 5 consoles ready to sell  on Thursday promising the seller had secured a preorder and would ship the device immediately after it arrived.


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“This is ** CONFIRMED PREORDER**,” one eBay seller wrote. “Updates will be provided all the way!” wrote another.

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eBay, Inc. (EBAY) CEO Jamie Iannone at KeyBanc Capital Markets Future of Technology Conference (Transcript)

eBay, Inc. (NASDAQ:EBAY) KeyBanc Capital Markets Future of Technology Conference Call September 9, 2020 1:30 PM ET

Company Participants

Jamie Iannone – President and Chief Executive Officer

Conference Call Participants

Edward Yruma – KeyBanc Capital Markets Inc.

Edward Yruma

Hello, and good afternoon, everyone. Welcome back to our Future of Technology Conference. I’m Ed Yruma, KeyBanc’s Internet and E-commerce analyst. We are really excited to have Jamie Iannone from eBay. Jamie, I’ve known you, gosh, maybe seven, eight years now. I think I knew you back from when you were at Walmart, at Sam’s. You took a new role out of Walmart, and we were excited to see you land at eBay. So really good to reconnect with you.

Question-and-Answer Session

Q – Edward Yruma

I guess just the first question I had for you though is, you really were able to drive a lot of innovation at Walmart, particularly

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Daily Deals: Back To Uni Bargains with Up To 50% Off Refurbished Tech at eBay

The summer is officially over. For many students, it’s time to stock up for the brand new year at university. Whether you need a new computer for course work, or a gaming console and upgraded sound system for the student dorm, check out eBay, where you’ll find up to 50% off good-as-new refurbished tech.If you’re both a gaming and music lover, you can get a free 6-month Spotify Premium subscription when you buy select games at Currys PC World. Plus, there’s money off pre-orders for some of the most exciting upcoming games at ShopTo.

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It’s that time of year again, when students are looking for the best gear at the cheapest possible price. It’s worth doing some early revision on eBay’s discounted selection of good-as-new tech. There’s up to 50% off fully

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