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How is ebay not making money? They are a glorified e-commerce site that does a huge amount of business, taking a cut of each transaction with very low per-trans
by ashelmire 8y ago
How is ebay not making money? They are a glorified e-commerce site that does a huge amount of business, taking a cut of each transaction with very low per-transaction cost.
- masonic 8y agoAnd no risk of inventory shrinkage or obsolescence.
- jorblumesea 8y agoPoor business decisions, strategic mistakes, and improper spending? The usual reasons, probably. $1B loss so obviously huge spend with little return.
- chillacy 8y agoWell on the home page right now ebay is offering a 20% off coupon for products that they don't directly sell, and $100 for $90 in gift cards. Ebay takes a big cut but it's not 20% big, so they're probably losing money to acquire customers through deals.