EBay's profits fell 29 percent in 2019 compared to the year before...

[forecastledistributors]

That should cheer up the stockholders. 🙂

[my-cottage-books-and-antiques]

ebay authorizes stock repurchases every year. While 5 billion might be higher than usual, I think even without the StubHub sale, ebay would have authorized at least a few billion.

[cyclebitz]

Must be that booming economy I hear the orange menace and his posse boast about.

[gramophone-georg]

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@mam98031 wrote:

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@vintagecraze50 wrote:

E-commerce bytes with Ina Steiner has an except from a CNBC interview where Mr Shenkel stated that some of the proceeds will be used for stock buy backs, dividends and Mergers and acquisitions . Cannot copy paste this to this post.

---

Yes I saw that.  Which to me says it IS NOT an either / or situation.  

While fixes around here certainly don't move as fast as many of us would like, that doesn't mean they aren't working on them nor does it mean they don't have a budget for them.  It only means they don't happen as fast as lots of us would absolutely love to see.

---

They've been making the same mistakes, over and over and over and over, since the great fumble of holiday season 2007... 13 years. How long should one need to wait?

SOON?

[gramophone-georg]

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@zamo-zuan wrote:

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@whatmorefabric wrote:

I have heard about the death of Ebay since I have been around.

---

We all have.

But how many times have you seen glitches as severe as the ones we're seeing now?

How many months/years was it before severe glitches were fixed in the past?

How many times in the past have you seen the top seller market share drop from >40% to <25% in 1-2 years time?

How many times in the past did you see eBay's GMV drop for so many consecutive quarters before actually taking action? 

This is unprecedented, and it can't even be hidden in their reports anymore. 

---

All that aside- here's the real gut punch- overall ecommerce sales growth increased just under 18% in 2019, down from 27% in 2018! Keep in mind- this includes eBay's virtual flatine in 2018 and their growth decrease in 2019!

https://www.digitalcommerce360.com/article/global-ecommerce-sales/

Make you wonder how much everyone else was REALLY up in growth the last two years- without eBay's dead weight to drag those figures down.

This is the most serious sign that EBAY has a real problem- one that was bad in 2018, and far worse in 2019- e.g., it's now a trend, and a worsening one!

Where's "Guardrail" when it's really needed?

Talking about the death of eBay while we are actually watching the rigor mortis set  in makes it way more real.

[gramophone-georg]

---

@cyclebitz wrote:

Must be that booming economy I hear the orange menace and his posse boast about.

---

Orange is the new black don'tcha know... 

[prettywoman-2012]

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@flyingmvp wrote:

Schkreli is mediocre but Jeffrey Skilling would fit right in!  🙂

---

I wouldn't hire anyone whose name includes "killing." 🤔

Now, if his name were Schilling...that is a different matter.

Just kidding, of course I am talking about the Austrian currency... says the Homo Ludens in me.

PW

[mam98031]

---

@my-cottage-books-and-antiques wrote:
ebay authorizes stock repurchases every year. While 5 billion might be higher than usual, I think even without the StubHub sale, ebay would have authorized at least a few billion.

---

I take no issue with that.  It is a normal thing.  The conversation I was having with the other poster was a comment made that Ebay was issuing stock dividends and would not be putting money into site enhancements / fixes / or whatever.  

[mam98031]

---

@gramophone-georg wrote:

---

@mam98031 wrote:

---

@vintagecraze50 wrote:

E-commerce bytes with Ina Steiner has an except from a CNBC interview where Mr Shenkel stated that some of the proceeds will be used for stock buy backs, dividends and Mergers and acquisitions . Cannot copy paste this to this post.

---

Yes I saw that.  Which to me says it IS NOT an either / or situation.  

While fixes around here certainly don't move as fast as many of us would like, that doesn't mean they aren't working on them nor does it mean they don't have a budget for them.  It only means they don't happen as fast as lots of us would absolutely love to see.

---

They've been making the same mistakes, over and over and over and over, since the great fumble of holiday season 2007... 13 years. How long should one need to wait?

SOON?

---

I've gotten over the comments made about sellers in 2007 / 2008 and moved on.  As well I don't think any of the problems / glitches that happened in 2007 are still plaguing us today.  I think we have a new set of issues.

I did however reason somewhere that the new policy on significant site updates would no longer happen in the last quarter of the year.  That is good news.  Of course only time will tell if it is true or not.  I'm hopeful.  I'm also confident that the disaster that happened in October / November of 2019 was quite expensive for Ebay as well as sellers.  And it played a significant part in the downturn is sales for the 4th quarter for both sellers and Ebay.

[gramophone-georg]

---

@mam98031 wrote:

---

@gramophone-georg wrote:

---

@mam98031 wrote:

---

@vintagecraze50 wrote:

E-commerce bytes with Ina Steiner has an except from a CNBC interview where Mr Shenkel stated that some of the proceeds will be used for stock buy backs, dividends and Mergers and acquisitions . Cannot copy paste this to this post.

---

Yes I saw that.  Which to me says it IS NOT an either / or situation.  

While fixes around here certainly don't move as fast as many of us would like, that doesn't mean they aren't working on them nor does it mean they don't have a budget for them.  It only means they don't happen as fast as lots of us would absolutely love to see.

---

They've been making the same mistakes, over and over and over and over, since the great fumble of holiday season 2007... 13 years. How long should one need to wait?

SOON?

---

I've gotten over the comments made about sellers in 2007 / 2008 and moved on.  As well I don't think any of the problems / glitches that happened in 2007 are still plaguing us today.  I think we have a new set of issues.

I did however reason somewhere that the new policy on significant site updates would no longer happen in the last quarter of the year.  That is good news.  Of course only time will tell if it is true or not.  I'm hopeful.  I'm also confident that the disaster that happened in October / November of 2019 was quite expensive for Ebay as well as sellers.  And it played a significant part in the downturn is sales for the 4th quarter for both sellers and Ebay.

---

They promised that after the Grand Debacle of holiday season 2007 and they've broken that promise every year since.

[chapeau-noir]

---

@mam98031 wrote:

---

@gramophone-georg wrote:

---

@mam98031 wrote:

---

@vintagecraze50 wrote:

E-commerce bytes with Ina Steiner has an except from a CNBC interview where Mr Shenkel stated that some of the proceeds will be used for stock buy backs, dividends and Mergers and acquisitions . Cannot copy paste this to this post.

---

Yes I saw that.  Which to me says it IS NOT an either / or situation.  

While fixes around here certainly don't move as fast as many of us would like, that doesn't mean they aren't working on them nor does it mean they don't have a budget for them.  It only means they don't happen as fast as lots of us would absolutely love to see.

---

They've been making the same mistakes, over and over and over and over, since the great fumble of holiday season 2007... 13 years. How long should one need to wait?

SOON?

---

I've gotten over the comments made about sellers in 2007 / 2008 and moved on.  As well I don't think any of the problems / glitches that happened in 2007 are still plaguing us today.  I think we have a new set of issues.

I did however reason somewhere that the new policy on significant site updates would no longer happen in the last quarter of the year.  That is good news.  Of course only time will tell if it is true or not.  I'm hopeful.  I'm also confident that the disaster that happened in October / November of 2019 was quite expensive for Ebay as well as sellers.  And it played a significant part in the downturn is sales for the 4th quarter for both sellers and Ebay.

---

The million dollar question here is will they really learn anything?  I've heard this 'no implementation in the 4th quarter' before and then they dumped that turkey on us in mid-October.  The even bigger question is will they learn anything from the flawed design, testing and implementation of that mess?  I got the distinct impression that developers tried to implement parameters from the broken 'structured catalog' on a category they knew absolutely nothing about.  Did no one research anything?

[gramophone-georg]

---

@chapeau-noir wrote:

---

@mam98031 wrote:

---

@gramophone-georg wrote:

---

@mam98031 wrote:

---

@vintagecraze50 wrote:

E-commerce bytes with Ina Steiner has an except from a CNBC interview where Mr Shenkel stated that some of the proceeds will be used for stock buy backs, dividends and Mergers and acquisitions . Cannot copy paste this to this post.

---

Yes I saw that.  Which to me says it IS NOT an either / or situation.  

While fixes around here certainly don't move as fast as many of us would like, that doesn't mean they aren't working on them nor does it mean they don't have a budget for them.  It only means they don't happen as fast as lots of us would absolutely love to see.

---

They've been making the same mistakes, over and over and over and over, since the great fumble of holiday season 2007... 13 years. How long should one need to wait?

SOON?

---

I've gotten over the comments made about sellers in 2007 / 2008 and moved on.  As well I don't think any of the problems / glitches that happened in 2007 are still plaguing us today.  I think we have a new set of issues.

I did however reason somewhere that the new policy on significant site updates would no longer happen in the last quarter of the year.  That is good news.  Of course only time will tell if it is true or not.  I'm hopeful.  I'm also confident that the disaster that happened in October / November of 2019 was quite expensive for Ebay as well as sellers.  And it played a significant part in the downturn is sales for the 4th quarter for both sellers and Ebay.

---

The million dollar question here is will they really learn anything?  I've heard this 'no implementation in the 4th quarter' before and then they dumped that turkey on us in mid-October.  The even bigger question is will they learn anything from the flawed design, testing and implementation of that mess?  I got the distinct impression that developers tried to implement parameters from the broken 'structured catalog' on a category they knew absolutely nothing about.  Did no one research anything?

---

They never have and they never will. 

[ekmadonna]

I'm still waiting on the BROKEN PROMISE of a replacement for TURBOLISTER that was going to be a Tool in Seller Hub when Seller Hub was first released. what was that 3 years ago? 3 1/2?

[chapeau-noir]

I give a LOT of latitude, too, to the fact that they may be working with steaming mess of legacy code (old "Code on the Fly" Whitman) and it seems a lack of real documentation (so the turn-over doesn't know how to fix the old stuff, and have to invent new stuff...which frequently doesn't work very well because it's rushed out to replace the old stuff).  So they have a lot of obstacles.  It reminds me of when Boeing gave a whole tranche of older engineers the silver handshake, then realised that they had let go nearly their entire body of legacy knowledge, and a lot of the systems now could not be updated because there wasn't enough documentation and these old dudes were off sailing or riding their bikes in enjoyable retirement. Ooops. I knew several who went back to work.

[gramophone-georg]

---

@gramophone-georg wrote:

---

@zamo-zuan wrote:

---

@whatmorefabric wrote:

I have heard about the death of Ebay since I have been around.

---

We all have.

But how many times have you seen glitches as severe as the ones we're seeing now?

How many months/years was it before severe glitches were fixed in the past?

How many times in the past have you seen the top seller market share drop from >40% to <25% in 1-2 years time?

How many times in the past did you see eBay's GMV drop for so many consecutive quarters before actually taking action? 

This is unprecedented, and it can't even be hidden in their reports anymore. 

---

All that aside- here's the real gut punch- overall ecommerce sales growth increased just under 18% in 2019, down from 27% in 2018! Keep in mind- this includes eBay's virtual flatine in 2018 and their growth decrease in 2019!

https://www.digitalcommerce360.com/article/global-ecommerce-sales/

Make you wonder how much everyone else was REALLY up in growth the last two years- without eBay's dead weight to drag those figures down.

This is the most serious sign that EBAY has a real problem- one that was bad in 2018, and far worse in 2019- e.g., it's now a trend, and a worsening one!

Where's "Guardrail" when it's really needed?

Talking about the death of eBay while we are actually watching the rigor mortis set  in makes it way more real.

---

Amazon just reported a 21% increase in growth for Q4 2019 over  Q4 2018.

https://www.yahoo.com/finance/news/amazon-q4-earnings-201121959.html

[chapeau-noir]

If I didn't care about eBay I wouldn't get so pizzled off about this stuff - I'd like to see the site pull out of this downward drift, so I guess I just stay tuned for 2020.   (ಠ_ಠ)