topic Re: As a Parting Gift, eBay Will Send Off PayPal With $5 Billion in Cash in Selling

As a Parting Gift, eBay Will Send Off PayPal With $5 Billion in Cash

kopi.tea — Thu, 12 Feb 2015 02:24:31 GMT

http://blogs.wsj.com/digits/2015/02/11/as-a-parting-gift-ebay-will-send-off-paypal-with-5-billion-in-cash/

What caught my eyes were these comments...

"Swan, who is stepping down later this year, described a seemingly smaller, more-focused marketplace business under incoming CEO Devin Wenig.

Under current CEO John Donahoe, eBay has worked to be more of a catch-all marketplace, with goods that appeal to both high-end and low-end buyers. Wednesday, Swan said the marketplace would narrow its focus to the 40% of the buying public “who loves great deals.”

Are we finally seeing the light at the end of the tunnel?

Re: As a Parting Gift, eBay Will Send Off PayPal With $5 Billion in Cash

digital*ghost — Thu, 12 Feb 2015 02:30:11 GMT

@kopi.tea wrote:

Are we finally seeing the light at the end of the tunnel?

I guess it will depend on Wenig's idea of a "great deal", since the comment doesn't refer to seller or business type (or the kinds of goods they sell, aside from pricing), just continues to focus on buyer type.

Re: As a Parting Gift, eBay Will Send Off PayPal With $5 Billion in Cash

sueken4812 — Thu, 12 Feb 2015 03:23:56 GMT

Leaving ebay 7.5 billion in debt

Re: As a Parting Gift, eBay Will Send Off PayPal With $5 Billion in Cash

go-tazz — Thu, 12 Feb 2015 09:06:09 GMT

@sueken4812 wrote:
Leaving ebay 7.5 billion in debt

So all the "top" members from eBay would have sold their eBay shares and bought PP ones.

Maybe they've given this site up as a loss and will concentrate on PP,(it sounds like they'll scale back the staff,

support and will do anything to make robot responses and automatic defect an even more common theme),

kopi.tea wrote:Wednesday, Swan said the marketplace would narrow its focus to the 40% of the buying public “who loves great deals.”

That makes it sound like "deals" from Hardley Normal,Dickie Smith,the Good bad Guys,etc

Off course we can't forget the scammers as they'll fit right in,(after all,they have the best non existing deals

to clean out the buyer).