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Technology Can Help Counter the Forces of Economic Concentration…

While the overall U.S. economy is on one of its longest expansion periods in history, widespread concerns continue that too many communities are being left behind.  Growth and opportunity are not spreading in a balanced or inclusive way.  This has been attributed to factors such as rising levels of income and wealth inequality, increased costs of a middle-class lifestyle, and ...

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The Platform Economy Can Change the World…

Today, the Competitive Enterprise Institute launches its new video about the platform economy. Platforms are an ancient way of doing business—think of matchmakers, city fairs, and town markets—that bring together two or more parties to make economic transactions. Today, digital platforms allow a far wider reach, bringing together people in a way that was unthinkable just a generation ago. Examples ...

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eBay Wants to Be the Place You Sell Your Sneakers—Again…

For over a decade, eBay was the only player in the sneaker resale game, but plenty of competitors have emerged. Can eBay reclaim the top spot? About a year and a half ago, Jeff Chan started work at eBay. He was working in the site’s fashion watches department—a place where buyers treasure specific obscure models, where value leans on scarcity, ...

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eBay and ESPN Support Cancer Research with the 14th Annual ESPY D…

For more than a decade, eBay and ESPN have partnered to host an annual ESPY Awards Charity Campaign in support of the V Foundation, an organization that creates an urgent awareness among all Americans of the importance on the war against cancer through education, advocacy, fundraising and philanthropy. This year, the event raised $650,000 for this cause through an eBay ...

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eBay 2018 Shine Awards for Small Business Winners…

At last week’s eBay Open event, the 2018 Shine Awards for Small Business Winners were announced. Thousands of submissions to just 15 finalists across five Shine Awards categories and then it was down to the finalists to badger everyone they knew to vote for them – friends, families, communities, and even eBay customers. In the end nearly 25,000 votes were ...

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For eBay, AI drives over $1 billion in sales per quarter…

eBay says AI-powered improvements in its search rankings, knowledge of its inventory, and other areas are driving more than $1 billion per quarter in incremental sales on its marketplace. eBay has used machine learning technologies in many parts of its business for more than a decade to optimize the matching of buyers with the right sellers. Until now, though, the ...

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Small Business Owners Preview What’s Next for Ecommerce at Annual…

More than 2,000 eBay sellers recently gathered in Las Vegas for three days of inspiration, insights and networking at the annual eBay Open conference. Sellers heard directly from eBay executives, while picking up advice and demonstrations from eBay employees and industry experts through a series of unique workshops, pop-ups and one-on-one business consultations. A team of 325 eBay employees across ...

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eBay taps Square Capital to offer sellers loans of up to $100,000…

Ebay has announced a new lending program that will provide between $500 and $100,000 to eligible U.S. sellers interested in growing their business. It will be offered in partnership with Square Capital, a small business lending initiative launched by payments company Square back in 2014. The announcement was made today in Las Vegas at eBay Open, the company’s annual seller conference. ...

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EBay to Accept Apple Pay and Offer Merchant Loans With Square…

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