UBS analyst Eric Sheridan downgraded eBay
from Buy to Neutral with a $42 price target.
At its annual seller event, eBay
today launched two significant new tools that will enable sellers to better manage and grow their business, and announced a series of robust seller protections.
Strong FCF Generation and Balance Sheet: At 2Q 2018, eBay
had $4.0 billion of cash, cash equivalent, and short-term marketable securities; in addition, it had $5.4 billion of long-term investments.
Not sure who competes with eBay
? Try Target, Walmart, Macy's, Kohl's, JCPenney, BJ's Wholesale and Costco on for size as this is the main competition for the e-commerce site.
described Amazon's scheme as an "orchestrated, coordinated, worldwide campaign" to "illegally lure eBay
The magnalister eBay
tool can automatically update product listings to comply with eBay
's new requirements.
The new agreement strengthens the payments partnership between the companies to make PayPal available as a payment option on eBay
's new intermediated payments model.
The post eBay
ditches PayPal as payment partner appeared first on Tahawul Tech.
It also emerged that Halifax has the highest rate of eBay
businesses in the Yorkshire and Humber region, A spokesman said the data showed that eBay
businesses were resilient to trends that normally stifle economic activity, adding: "The top seller hotspots for eBay
businesses in the UK, France, Spain, Germany and Italy are not negatively affected by above average unemployment figures, below average levels of disposable income and below national average GDP.
Pundits and critics rate Amazon higher than ebay
, but that's largely from the sellers' perspective.
launched in the US in September 1995 - and the very first item sold was a broken laser pointer pen.