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Lauren Feiner / CNBC:
Visa, Mastercard, eBay, and Stripe say they are exiting Facebook's Libra Association, following PayPal, which announced its withdrawal last week   —  - EBay, Visa, Mastercard and Stripe announced Friday they will no longer be part of Facebook's libra cryptocurrency project.
Oct 11, 2019, 4:12 PMIn context
Financial Times:
Mastercard, Visa, eBay and Stripe quit Facebook's Libra   —  Five companies, led by Mastercard, Visa and eBay, pulled out of Facebook's planned digital currency Libra on Friday, following sustained political pressure and just days before the project's backers are due to meet for their first board meeting.
Oct 11, 2019, 3:48 PMIn context
Paul Sawers / VentureBeat:
eBay announces CEO Devin Wenig is leaving the company and appoints CFO Scott Schenkel as interim CEO   —  Online commerce giant eBay has announced that CEO, president, and company director Devin Wenig is leaving the company, with former chief financial officer (CFO) Scott Schenkel stepping in to the hotseat on an interim basis.
Sep 25, 2019, 10:02 AMIn context
Tim Bradshaw / Financial Times:
Interview with Tobi Lütke, CEO of Shopify, as its market cap has surpassed eBay, and it sets its sights on Amazon, building out its own fulfillment network   —  Tobi Lütke, the Shopify chief executive, prefers his employees to refrain from checking the ecommerce company's share price too often.
Aug 25, 2019, 4:30 PMIn context
Jon Porter / The Verge:
eBay says it will launch Managed Delivery, its own fulfillment service, in the US next year with an aim to deliver packages in two to three days   —  Although it won't own its own warehouses  —  eBay has announced plans to launch its own fulfillment service called Managed Delivery …
Jul 25, 2019, 11:50 AMIn context
Aditi Shrivastava / The Economic Times:
eBay picks up a 5.5% stake in Paytm Mall to open up its global inventory to ~130M+ users on Paytm platforms; sources say the deal is valued at ~$150M   —  Ebay has picked up a 5.5% stake in Paytm Mall, as the San Jose-based online marketplace makes another attempt to get a slice of the Indian e-commerce market.
Jul 18, 2019, 4:35 AMIn context
Natalie Gagliordi / ZDNet:
eBay beats with Q2 revenue of $2.7B, up 2% YoY, net income of $403M, and says it is considering selling both StubHub and its Classifieds services; stock up 5%+   —  eBay said that it's considering the sale of both StubHub and its Classifies business as a means to “maximize shareholder value”.
Jul 17, 2019, 5:00 PMIn context
Polina Marinova / Fortune:
A profile of Jeff Jordan, managing partner at Andreessen Horowitz, who became a VC in his fifties and invested early in Airbnb, Instacart, and Pinterest   —  How Jeff Jordan is applying what he learned during his time at Disney, eBay, and OpenTable to help founders at Airbnb, Pinterest, and Instacart.
Jun 27, 2019, 4:35 AMIn context
Natasha Lomas / TechCrunch:
UK's competition regulator tells Facebook and eBay to conduct an urgent review of their sites to prevent sales of fake and misleading online reviews   —  Facebook and eBay have been warned by the U.K.'s Competition and Markets Authority (CMA) to do more to tackle the sale of fake reviews on their platforms.
Jun 21, 2019, 11:50 AMIn context
Frank Chaparro / The Block:
Sources: Libra Foundation, overseeing Facebook's upcoming cryptocurrency, may have eBay, Coinbase, Vodafone, a16z, USV, Thrive, more among the launch partners   —  Facebook has been quietly building out its cryptocurrency for over a year, and it looks like that time has been well spent …
Jun 14, 2019, 3:34 PMIn context

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