Associated tags: EBay, EBAY, SAN, Online shopping, Auction
Locations: NEW YORK, LOS ANGELES, EUROPE, AUSTRALIA, NEW YORK CITY, CHICAGO, GERMANY, BRAND, US, CANADA, NORTH AMERICA, ONTARIO, STONE ISLAND, SAN FRANCISCO, AUSTRIA, SWITZERLAND, NY, PALACE, NYC, JORDAN, MONTREAL, LONDON, BLACKSTONE, LINDA, CALIFORNIA, UNITED STATES
Paris Fashion Week,
EBay,
CFO,
Balenciaga,
Friction,
Entrepreneurship,
GMV,
Home,
Growth,
Part,
Audit committee,
EBAY,
Sport,
FX,
GAAP,
SAN,
Auction "eBay's Q1 results marked a strong start to 2024 as we continue to make progress toward our goal of sustainable GMV growth," said Jamie Iannone, Chief Executive Officer at eBay.
Key Points:
- "eBay's Q1 results marked a strong start to 2024 as we continue to make progress toward our goal of sustainable GMV growth," said Jamie Iannone, Chief Executive Officer at eBay.
- "Our Q1 results highlight the resilience of our marketplace and business model amid persistent challenges in the global economy," said Steve Priest, Chief Financial Officer at eBay.
- During the quarter, eBay U.K. and eBay Australia announced their respective Circular Fashion Fund finalists and winner, demonstrating the company's continued commitment to sustainable fashion.
- eBay Inc. contributed $9 million to the eBay Foundation in Q1 in support of nonprofit organizations advancing inclusive entrepreneurship.
SAN JOSE, Calif., April 25, 2024 /PRNewswire/ -- Today, eBay is launching its 5th annual Up & Running Grants program — a series of annual grants that reward 50 U.S. eBay sellers with tools and resources to grow their small businesses. In addition to a $10,000 reward, eBay is offering recipients a stipend worth $500 each, which sellers can use to equip themselves with essential office technology from eBay Refurbished and continued education support.
Key Points:
- 50 U.S. eBay sellers will each receive a $10,000 grant to boost their businesses, plus technology to fuel growth
SAN JOSE, Calif., April 25, 2024 /PRNewswire/ -- Today, eBay is launching its 5th annual Up & Running Grants program — a series of annual grants that reward 50 U.S. eBay sellers with tools and resources to grow their small businesses.
- Now in its 5th year, eBay's Up & Running Grants program demonstrates the company's ongoing commitment to entrepreneurial success on its platform.
- With the grants, small businesses are able to invest in physical and digital store improvements, new equipment and inventory, hiring, training, marketing and more.
- This remarkable expansion has been significantly propelled by the eBay Up & Running Grant."
Retrieved on:
Wednesday, April 10, 2024
EBay,
Sale,
Oliver Cromwell,
Allen & Company,
Partnership,
PSA,
Centerview Partners,
Acquisition,
Trust,
EBAY,
Friction,
SAN,
Online shopping SAN JOSE, Calif., April 10, 2024 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, and Collectors, parent company of PSA, the leading third party authentication and grading provider in the collectibles industry, today announced they signed definitive agreements to enter into a series of transactions that include a commercial agreement, the sale of Goldin from Collectors to eBay, and the sale of the eBay vault from eBay to PSA. The differentiated and complementary strengths of the respective companies will support more streamlined buying, selling, grading, and storage experiences for all who participate in the trading card hobby in the United States ("The Hobby").
Key Points:
- These deals represent a compelling opportunity to accelerate innovation in the industry and enable game-changing benefits for collectors.
- "eBay is relentlessly focused on providing the best inventory and the highest level of trust for our global community," said Jamie Iannone, CEO, eBay.
- PSA has also agreed to acquire the eBay vault, while maintaining seamless access to vault services for eBay's U.S. customers.
- Centerview Partners is acting as financial advisor on the acquisition of Goldin and Freshfields is acting as legal advisor to eBay.
Retrieved on:
Wednesday, April 10, 2024
EBay,
Volunteering,
Organization,
Investment,
Warren Buffett,
Charity,
PDT,
Hunger,
The Power of One,
Poverty,
Homelessness,
San Francisco Bay Area,
COVID-19,
SAN,
Auction SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- For more than 60 years, GLIDE has been dedicated to fighting systemic injustices, creating pathways out of poverty and crisis and transforming lives. GLIDE announced today its annual Power of One Charity Lunch Auction, an exclusive lunch auction launched by Warren Buffett more than 20 years ago, will now be hosted by Salesforce Chair and CEO Marc Benioff. The one-of-a-kind event has raised $53 million to support GLIDE's transformative programs and services that lift people out of poverty, hunger, and homelessness, and advance equity through systems change. Bidding for this year's Power of One Charity Lunch Auction will be powered by longtime auction partner eBay and will open on Sunday, May 5 at 7:30 pm PDT and close on Friday, May 10 at 7:30 pm PDT. The winning bidder will enjoy a memorable lunch for eight with Benioff.
Key Points:
- "We are so grateful that Marc Benioff is continuing Warren Buffett's legacy of supporting San Francisco's most vulnerable," said Dr. Gina M. Fromer, GLIDE President and CEO.
- "Warren Buffett's vision, generosity, and friendship over the last two decades has enabled GLIDE to directly improve the lives of thousands daily.
- This legacy is in excellent hands with Marc, who has long been an outspoken champion for equality and justice in the Bay Area and worldwide."
- Conceived by the late Susie Buffett, GLIDE launched the Power of One Charity Lunch Auction in 2000 and initially raised $25,000.
Retrieved on:
Wednesday, April 10, 2024
EBay,
Volunteering,
Organization,
Investment,
Warren Buffett,
Charity,
PDT,
Hunger,
The Power of One,
Poverty,
Homelessness,
San Francisco Bay Area,
COVID-19,
SAN,
Auction SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- For more than 60 years, GLIDE has been dedicated to fighting systemic injustices, creating pathways out of poverty and crisis and transforming lives. GLIDE announced today its annual Power of One Charity Lunch Auction, an exclusive lunch auction launched by Warren Buffett more than 20 years ago, will now be hosted by Salesforce Chair and CEO Marc Benioff. The one-of-a-kind event has raised $53 million to support GLIDE's transformative programs and services that lift people out of poverty, hunger, and homelessness, and advance equity through systems change. Bidding for this year's Power of One Charity Lunch Auction will be powered by longtime auction partner eBay and will open on Sunday, May 5 at 7:30 pm PDT and close on Friday, May 10 at 7:30 pm PDT. The winning bidder will enjoy a memorable lunch for eight with Benioff.
Key Points:
- "We are so grateful that Marc Benioff is continuing Warren Buffett's legacy of supporting San Francisco's most vulnerable," said Dr. Gina M. Fromer, GLIDE President and CEO.
- "Warren Buffett's vision, generosity, and friendship over the last two decades has enabled GLIDE to directly improve the lives of thousands daily.
- This legacy is in excellent hands with Marc, who has long been an outspoken champion for equality and justice in the Bay Area and worldwide."
- Conceived by the late Susie Buffett, GLIDE launched the Power of One Charity Lunch Auction in 2000 and initially raised $25,000.
"Ken Block was an undeniable inspiration to car lovers and fans everywhere -- he united automotive and pop culture in a way that no one else could," said Chris Prill, Global VP of eBay Motors. "We are deeply honored to partner with the Block family and support Ken's commitment to the community by connecting our enthusiasts to his legacy through these one-of-one pieces."
Key Points:
- Beyond Ken's personal collection, fans can also purchase limited-run apparel designed in collaboration with Block House Racing.
- "Ken was passionate about motorsports, action sports, creative arts and giving back to those communities.
- "Opening our archives for the first time with eBay Motors and sharing a piece of his career with fans is the perfect way to honor his legacy."
- To bid on this one-of-a-kind collection, head to www.ebay.com/KenBlock today, April 3, 2024 through April 13, 2024.
Retrieved on:
Tuesday, February 27, 2024
SAN,
Quarter,
Week,
Entrepreneurship,
API,
Growth,
EBay,
Noise,
COMC,
Sport,
GAAP,
GMV,
Task force,
Trust,
FX,
Dow Jones,
EBAY,
Online shopping "Our organic GMV growth improved year-over-year during each quarter of 2023, while navigating a challenging macroeconomic environment.
Key Points:
- "Our organic GMV growth improved year-over-year during each quarter of 2023, while navigating a challenging macroeconomic environment.
- I'm proud of the strong execution throughout 2023 and I'm confident our strategy will drive long-term shareholder value."
- In 2023, the eBay Foundation granted more than $19 million to nonprofit organizations advancing inclusive entrepreneurship.
- Fourth Quarter and Full Year 2023 Financial Highlights (presented in millions, except per share data and percentages)
Retrieved on:
Thursday, February 22, 2024
Dark,
Diamond,
Holo,
Alternative,
SAN,
Collection,
EST,
Van Gogh Museum,
TCA,
EBay,
Blue,
Red,
Mew,
Charizard,
Running,
Partnership,
Auction SAN JOSE, Calif., Feb. 22, 2024 /PRNewswire/ -- eBay, one of the world's top destinations for trading cards and collectibles, today announced the "Catch 151" auction: an epic one-day event featuring ultra-rare cards and collectibles, at accessible price points. Beginning at 12:01am EST on February 27 – the world renowned "Pokémon Day" – the auction will offer enthusiasts a once-in-a-lifetime opportunity to elevate their collections with iconic pieces – including rare Charizard cards, the most searched Pokémon character on eBay – all starting at $1.51.
Key Points:
- Beginning at 12:01am EST on February 27 – the world renowned "Pokémon Day" – the auction will offer enthusiasts a once-in-a-lifetime opportunity to elevate their collections with iconic pieces – including rare Charizard cards, the most searched Pokémon character on eBay – all starting at $1.51.
- "Pokémon Day has become an iconic moment for the community to come together and celebrate their fandom – for many Pokémon trainers, hunting down and 'catching' cards and collectibles on eBay is all part of the experience," said Gene Cook, VP of Global Collectibles at eBay.
- "The 'Catch 151' event is celebrating that dedication by offering one of the most incredible collections of rare, high-end collectibles in a single event."
- "I've sold more than eight thousand Pokémon cards on eBay, and I'm excited to connect with the community through the 'Catch 151' auction in a really fun, unique way on the biggest Pokémon day of the year."
Retrieved on:
Thursday, February 15, 2024
Dell EMC,
Continental Airlines,
SAN,
United Airlines Holdings,
Business operations,
Growth,
ESG,
MBA,
San Diego State University,
Audit committee,
EBay,
Embry–Riddle Aeronautical University,
Organization,
Apple,
CSO,
VMware,
CIO,
EBAY,
Management SAN JOSE, Calif., Feb. 15, 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 Zane Rowe to its Board of Directors, effective February 16, 2024. Zane has also been appointed to eBay's Audit Committee.
Key Points:
- "We are excited to welcome Zane to our Board of Directors," said Paul Pressler, Chairman of the Board, eBay Inc. "Zane will bring extensive experience in business strategy, corporate finance and technology development having worked with some of today's leading global technology organizations.
- His expertise will help eBay further its strategy and aid in its focus on delivering long-term shareholder value."
- "I am pleased to join eBay's Board of Directors," said Zane Rowe.
- Following these changes, eBay Inc.'s Board of Directors will be composed of ten directors, nine of whom are independent.
Retrieved on:
Wednesday, January 31, 2024
SAN JOSE, Calif., Jan. 31, 2024 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced that it has reached an agreement with the U.S. Department of Justice ("DOJ") to fully resolve the DOJ's inquiry regarding products sold on the eBay marketplace alleged to violate certain laws administered by the Drug Enforcement Administration ("DEA"). Under the terms of the agreement, eBay will pay $59 million and implement enhanced processes regarding its monitoring and reporting of listings that violate eBay's terms of service. eBay expressly denies the DOJ's allegations and the settlement does not include any admission of wrongdoing.
Key Points:
- eBay expressly denies the DOJ's allegations and the settlement does not include any admission of wrongdoing.
- eBay issued the following statement:
"Maintaining a safe and trusted marketplace for our global community of sellers and buyers is a fundamental principle of our business.
- Government officials have repeatedly commended eBay for our partnership with law enforcement and efforts to support investigations into illegal pill press usage."
- eBay will fund the payment contemplated in the settlement through cash on hand.
