3, 2, 1, Mine: Once one of the main points of contact for online shoppers, the online flea market eBay is becoming increasingly abandoned. The number of users is falling, turnover and the number of employees are shrinking. The pandemic temporarily helped the online marketplace to increase visitor numbers, but the downward trend now continues unabated. Read the reasons here.
Founded in the mid-1990s, eBay quickly emerged as the dominant player in online shopping next to Amazon: Internet users who shopped online at the turn of the millennium likely did so on one of the two platforms. But while Amazon has evolved into a mega-corporation and today has almost terrifying market power, its former rival is steadily losing importance. His creeping lineage is homemade.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
