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EBAY's second-quarter 2024 performance is likely to have reflected strength across its advertising business amid softness in consumer discretionary product spending.
EBAY unveils Business Cash Advance in partnership with Liberis in a bid to boost its overall portfolio offerings.
eBay teamed with embedded finance platform Liberis to offer sellers working capital. Business Cash Advance is designed to provide eligible eBay sellers in the United States up to $1 million in working capital in as little as 24 hours, according to a Wednesday (July 10) press release.
EBAY expands its advertising offerings with the "eBay Advertising" tool in a bid to boost its seller experience.
New Revenue-Based Financing Product Unlocks Access to Capital for eBay Sellers SAN JOSE, Calif. , July 10, 2024 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers, today announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis , a leading global embedded finance platform.
There has been cooling inflation in recent months. However, the United States has still been fighting to control inflation rates.
eBay (EBAY) adds PayPal's (PYPL) Venmo as a payment option. U.S. buyers will be able to use Venmo on ebay.com and the eBay app in the coming week.
Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z and millennial shoppers. This option will be available to U.S. buyers on eBay.
It's not the first time merchants have voiced opposition to AmEx's business practices by walking away, most notably the warehouse chain Costco nearly a decade ago.
eBay's (EBAY) strengthening generative AI-backed offerings position it well to capitalize on e-commerce prospects.