When will eBay be sold?

[busdriver4dashow]

I used to list 50+ items a day, but now I can only stomach (like I do dealing with utilities, politicians, and taxes) as the overall selling experience has plummeted in the past 4-5 years, and quicker than it did the previous 10-12 years.

Examples: Item specifics?! How many things can be listed on say a round brass ball? Auto-returns?! You can repurpose an antique musical instrument as art, it doesn't fit due to size and return it automatically? Cannot use "500+" as a quantity in Item specifics? Talk to an eBay "colleague" who will openly tell you they do not sell on eBay, yet supports selling on eBay as their job?

Heard of Amazon? The one that about closed Walmart? eBay's response:

"Get me (us) some of that Walmart leadership!"

Please let eBay be sold.

[chapeau-noir]

Oh, @mam98031 - just tell the truth!

You performed the usual blood ritual at the stroke of midnight (Pacific Standard) on the night of a gibbous moon to the music of drums and squalling cats, then burnt four rubber chickens while chanting "The Wheels on the Bus" in a dark and demonic tone.

We have to stop being ashamed of this stuff.

[mam98031]

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@chapeau-noir wrote:

Oh, @mam98031 - just tell the truth!

You performed the usual blood ritual at the stroke of midnight (Pacific Standard) on the night of a gibbous moon to the music of drums and squalling cats, then burnt four rubber chickens while chanting "The Wheels on the Bus" in a dark and demonic tone.

We have to stop being ashamed of this stuff.

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That was suppose to be a secret between US !!!  Now everyone will know !!!

[chapeau-noir]

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@mam98031 wrote:

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@chapeau-noir wrote:

Oh, @mam98031 - just tell the truth!

You performed the usual blood ritual at the stroke of midnight (Pacific Standard) on the night of a gibbous moon to the music of drums and squalling cats, then burnt four rubber chickens while chanting "The Wheels on the Bus" in a dark and demonic tone.

We have to stop being ashamed of this stuff.

---

That was suppose to be a secret between US !!!  Now everyone will know !!!

---

Nah, only the truly ascended can get through The motor on the bus goes vroom, vroom, vroom
Vroom, vroom, vroom without falling apart. It's a tough selection process. 

[luckythewinner]

Heard of Amazon? The one that about closed Walmart? eBay's response: "Get me (us) some of that Walmart leadership!"

"Walmart's e-commerce business begins to threaten Amazon's supremacy"

https://www.youtube.com/watch?v=6cXnuvKSCDs

CNBC, May 2024

When will eBay be sold?

Never. It has already been sold to its shareholders.

[monster-deals]

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@busdriver4dashow wrote:

Please let eBay be sold.

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ebay will get a hostile take over eventually. They are too slow to adapt.

Ebay will be striped of its parts to be sold off and will be useless to you then.

Cirlce of life.

[luckythewinner]

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@monster-deals wrote:
Ebay will be striped of its parts to be sold off and will be useless to you then.

What "parts"?

The payment system is useless without the listing platform.

The promoted listing revenue dries up without the listing platform.

The third party ad revenue dries up without the listing platform. 

The authentication service is useless without the listing platform.

Terrapeak is useless without the platform.

[chapeau-noir]

I think rather than 'stripped of its parts' it would be divestiture. eBay has purchased quite a few companies and has become rather asset heavy.

But if anything, it'll be eBay who decides to whether to sell off these properties or not (it's certainly happened before).

[luckythewinner]

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@chapeau-noir wrote:

I think rather than 'stripped of its parts' it would be divestiture. eBay has purchased quite a few companies and has become rather asset heavy.

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What assets does eBay have that are not integrated into the eBay platform itself, or soon will be?

[chapeau-noir]

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@luckythewinner wrote:

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@chapeau-noir wrote:

I think rather than 'stripped of its parts' it would be divestiture. eBay has purchased quite a few companies and has become rather asset heavy.

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What assets does eBay have that are not integrated into the eBay platform itself, or soon will be?

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That would be impossible to say - eBay's myriad properties and their level of integration no doubt depends on how permeable that market is and the tech eBay would use. I'm just saying that I doubt anyone is going to 'strip ebay of its parts' when of necessity it could spin off acquisitions. Authentication centers like TCGPlayer come to mind. I don't see this happening, though. It would take shutting down a division.

[theteamsetguy]

@monster-deals ,

I don't see a hostile take over anytime soon. Ebay's current market cap is north of 27 Billion. A hostile take over would cost at least 35 billion and with today's interest rates it would be too cost prohibitive. 

This is the reason why you are seeing very few leveraged buy outs in the last couple of years from private equity buyers. You are mainly seeing smaller strategic acquisitions paid for with cash or all stock.

[monster-deals]

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@luckythewinner wrote:

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@monster-deals wrote:
Ebay will be striped of its parts to be sold off and will be useless to you then.

What "parts"?

The payment system is useless without the listing platform.

The promoted listing revenue dries up without the listing platform.

The third party ad revenue dries up without the listing platform. 

The authentication service is useless without the listing platform.

Terrapeak is useless without the platform.

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What parts? All parts.

Raise prices, reduce quality.

You think a raider cares?

It happens to them all.

I already said it would be useless, that is the point. Extract the wealth and leave the bones.

[meme6253]

Maybe Very Moldy

[busdriver4dashow]

Actually selling is more profitable and enjoyable on the new Craigslisthunter platform. Check it out. Also, NO annoying colleagues who do not even use eBay (or the platform they support).

[valueaddedresource]

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@chapeau-noir wrote:

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@luckythewinner wrote:

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@chapeau-noir wrote:

I think rather than 'stripped of its parts' it would be divestiture. eBay has purchased quite a few companies and has become rather asset heavy.

---

What assets does eBay have that are not integrated into the eBay platform itself, or soon will be?

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That would be impossible to say - eBay's myriad properties and their level of integration no doubt depends on how permeable that market is and the tech eBay would use. I'm just saying that I doubt anyone is going to 'strip ebay of its parts' when of necessity it could spin off acquisitions. Authentication centers like TCGPlayer come to mind. I don't see this happening, though. It would take shutting down a division.

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@chapeau-noir is exactly right on this - TCGPlayer and SneakerCon authentication, MyFitment, Certilogo...most of the acquisitions eBay has made in recent years were individual businesses at the time and could either be split off to be independent again if someone wanted to buy them and run them that way or the underlying tech/assets could possibly be worth something to some other company.

KnownOrigin might be the exception since the NFT bubble has burst, but even with that there could possibly be some underlying blockchain web3 stuff of value in other ways to the right buyer.

Whether any of it would be able to be sold off at a profit compared to what eBay paid for it and has put into it since is a whole other question of course and I agree it's not likely to happen, but activist investors have pressed for divestitures like that before and certainly could do so again.

[chariot_badges]

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@sakic92710 wrote:

Typical of any business.  The CEOs & stockholders take the wealth & the riff raff making them all of the money scrounge for the leftovers.

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Well, typical of any corporate formed business.

Stockholders are investors.  We give our hard-earned savings money to a company to retire on, to provide a passive positive income.  It's 'the deal'.   It's what I signed up for, a contract. 

Now ... you need to get off these boards and get back to work.
There's inventory to list, returns to process ... work!   

Daddy needs new shoes.