News
October 2, 2007
Skype: What Should Ebay Do?
Poster: Aron Schatz
Posted on October 2, 2007 at 2:31:07 PM
Since acquiring Skype, Skype has been devalued. Ebay is losing money because of the acquisition and what should Ebay do? Dump them...
Quote
On Monday, eBay said it would take a $900 million so-called impairment write-down against the value of Skype. This means that eBay has been forced to reassess the value of the Internet telephony company relative to its overall business today. By recording a charge, the company is essentially saying that it has taken a loss on its original investment. In what looks like an attempt to shake things up at Skype and move the division in a new direction, eBay also said Monday that Skype co-founder and Chief Executive Niklas Zennstrom has stepped down.
August 22, 2006
Ebay Sellers Want Management Change
Poster: Aron Schatz
Posted on August 22, 2006 at 1:17:20 PM
Many of the Ebay community want a management change. They are citing the need to list an auction many times to get an item sold.
Quote
Some of those who sell merchandise through the Internet auctioneer's Web site recently have called for drastic action and management change at the San Jose, Calif., company. They are particularly upset at the deterioration in the company's flagship auction site, where they say they are seeing fewer transactions and declining sale prices. "EBay's core (auction) performance is suffering tremendously," says Steve Grossberg, a longtime videogame seller on eBay. He says he now lists an item four times on average in order to sell it, up from two listings two years ago. Adds Andy Mowery, an eBay seller of home and garden gear: "It is time for new leadership at eBay."
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