Search results
Results from the WOW.Com Content Network
Etsy Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 ...
StubHub was founded in March 2000 as a class project [ 7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [ 8] One of its first major sports deals was with the Seattle Mariners in 2001. [ 9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later ...
Bridgeville, California (population 25) was the first town to be sold on eBay in 2002, and has been up for sale three times since. [1] In January 2003, Thatch Cay, the last privately held and undeveloped U.S. Virgin Island, was listed for auction by Idealight International. The minimum bid was US$3 million and the sale closed January 16, 2003.
In 2011, eBay agreed to pay $30 million to settle a class action lawsuit alleging that it overcharged seller fees for sales of auto parts and accessories between April 2005 and August 2009. Members of the class received a refund of 6.67% of the fees paid in this category. [174]
Perhaps the largest scam on eBay is the scam of shipping a falsely advertised item. Examples include fake, counterfeit, broken, or damaged items. “As with most things, if it’s too good to be ...
Pierre Omidyar, eBay's founder, unveiled on Apr. 22 his long-awaited online news project in Hawaii, and the blogosphere's reaction was understandably skeptical. The Hawaii-based billionaire's site ...
Many independent sellers were upset that, unlike other sellers, Buy.com was allowed to sell on eBay without paying listing fees. [ 13 ] [ 14 ] From 2007 to 2009, the number of products for sale in Buy.com's marketplace grew from 2.3 million to 5 million, positioning it as the number two e-commerce site behind Amazon.com. [ 12 ]
Amazon generated $140 billion in revenue alone last year from fees it charges sellers, which can amount to a 50% cut of sellers' sales when their advertising costs were added in.