Pivoting From Auctioneers To Online Sellers–eBay Takes On Amazon

No longer is eBay just an outlet for attic collectibles or Sarah Palin’s gubernatorial jet. The auction site is transforming into a full-service ecommerce goliath. John Donahoe stood before investors a year after being appointed eBay CEO with a bleak assessment of the company’s performance. “Our core eBay business simply [has] not kept pace with the changing competitive environment nor kept pace …

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