PayPal has said this year will be a learning year as it rolls out its in-store payment system. But that doesn’t mean it will all be small pilot programs this year. A company spokesman told Bloomberg that it expects to be in more than 2,000 Home… Read More »
Tech
The thing about corporate turnarounds is that they’re supposed to turn a company around — as in 180 degrees — not stop halfway and let the company drift sideways. But something like that is happening to eBay: Its long, slow turnaround is, well, turning flat. Read More »
What happens when your turnaround takes an about-face? Although eBay CEO John Donahoe has implemented changes to drive new business in the company’s core marketplace division, it’s looking like he needs to come up with some additional new ways to bring consumers back to the site. Read More »
Waiting for eBay to spin off Skype into the stock market? Don’t hold your breath. A legal battle with a company controlled by Skype’s founders could delay the move until at least the second half of next year — and possibly put the entire offering… Read More »
As eBay tinkers with its e-commerce site, CEO John Donahoe has been making the case that the company is turning around. But as we’ve noted, while some of the changes look encouraging, it’s not clear whether enough buyers are returning to the site. Today,… Read More »
Is any tech CEO more reviled by his or her own customers than eBay’s John Donahoe? In online forums, sellers seethe about the higher fees and site changes he’s implemented. They write and sign petitions calling for his ouster. Even eBay employees voted… Read More »
In November 2004, eBay’s stock was trading near an all-time high at $56 a share, having risen sixfold in a little less than four years. This month, shares were trading below $10. eBay needs a fix, but there aren’t a lot of easy options before it. Read More »
During the last recession, eBay not only prospered but flourished — not so this time around. Over the past year, eBay has de-emphasized auctions and put more focus on “buy-it-now,” fixed-price sales. In some ways, the strategy makes sense. But the move away from the freewheeling… Read More »
So it’s official: Meg Whitman, CEO of eBay, will retire in March, making way for her former Bain Capital colleague John Donahoe, who currently runs eBay’s Marketplaces business. The news of Whitman’s desire to leave the San Jose, Calif.-based auctions giant was first… Read More »
