Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
June 2, 2016 06:28 pm GMT

eBay does not want to be a lesser version of Amazon

Https%3a%2f%2fblueprint-api-production.s3.amazonaws.com%2fuploads%2fcard%2fimage%2f104238%2fimg_7129

Remember eBay? It's no longer just the auction site or a destination for other people's used stuff. It's a commerce destination with more than 100 million users that, according to eBay CEO Devin Wenig, moves $90B of products per year.

It's also not necessarily the Amazon competitor people make it out to be.

"Used goods is a small and declining minority of what we do," said Wenig, who was speaking at the annual Code Conference on Thursday.

The eBay CEO sought repeatedly to paint a clear distinction between his company and the world's largest online retailer. Wenig noted that eBay is not the place you go to get a printer cartridge delivered in a day. Instead, you might shop eBay to get that iPhone 6s for your daughter while you buy a brand new iPhone 7 elsewhere Read more...

More about Amazon, Ecommerce, Ebay, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/LI39Bnn1SIY/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable