Auctions fade in eBay's bid for growth - WSJ.com
May 26, 2009
SAN JOSE, Calif. -- EBay Inc. is remaking its e-commerce marketplace to combat declining sales. In the process, it has pitted merchants such as Jack Sheng and Walt Kolenda against each other.
Mr. Sheng describes his company, eForCity Corp., as a "mini Wal-Mart." It buys electronics accessories from China and sells 4.3 million of them each year to people looking for deals online. After eBay made it cheaper and easier to list products in large quantities for sale last year, his eBay sales in April were up 46% from a year before. The site's changes have "helped good sellers come ...
SAN JOSE, Calif. -- EBay Inc. is remaking its e-commerce marketplace to combat declining sales. In the process, it has pitted merchants such as Jack Sheng and Walt Kolenda against each other.
Mr. Sheng describes his company, eForCity Corp., as a "mini Wal-Mart." It buys electronics accessories from China and sells 4.3 million of them each year to people looking for deals online. After eBay made it cheaper and easier to list products in large quantities for sale last year, his eBay sales in April were up 46% from a year before. The site's changes have "helped good sellers come ...
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