EBAY Financial News

Instagram is alive with a new phenomenon: the Citadel-branded Nike sneaker. Given that they aren't yet available on eBay (yet) and might have more resale value than the Deutsche Bank €80 Addidas shoe, how do you get hold of them?

Amazon Prime Day is here. And, once again, experts are warning consumers of scams. Scams targeting online shoppers — often by impersonating companies like Amazon and other major retailers — are nothing new.

small online businesses have shown remarkable resilience and adaptability, which has played a crucial role in their tremendous success. To gain deeper insights into the performance of these businesses across the globe, eBay, a global commerce leader that connects millions of buyers and sellers around the world, released its 'Small Online Business Inclusive Global Trade Report’. This report, covering 18 markets worldwide, showcases the remarkable success of small businesses in the global export industry. Small businesses worldwide demonstrate a remarkable level of activity, with at least 93% of them engaging in exporting their goods on diverse global marketplaces. Moreover, India is a notable new player in small business exports, with a 58% newcomer rate in cross-border trade. Another interesting revelation was that businesses with online presence are averaging sales into 13 to 35 international markets, compared to the limited reach of offline businesses. The report provides significant insights and intelligence about the expanding eCommerce industry. Its key findings comprise:Small online businesses are reaching multiple international markets

Check out the companies making headlines before the bell:

Check out the companies making headlines in extended trading.

The decentralized marketplace OpenBazaar appears set for a comeback after it was shut down over two years ago, according to a number of social media and GitHub updates.

Despite the news of its collapse, Silicon Valley Bank lives on — at least to those who buy and sell via eBay.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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In this week’s newsletter, read about how eBay’s nonfungible token (NFT) platform launched a new creator smart contract. Learn how OpenSea plans to win back its users from its competitor, Blur, and check out why Yuga Labs was accused of intellectual property (IP) theft over the wolf skull logo. In other news, find out how NFTs will act as “high-end properties” during the market booms, and don’t forget this week’s Nifty News, featuring an NFT artist receiving $150,000 for a meme on Ordinals. 

According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own contract for public release. Deployment will not require coding knowledge.

The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network.

Check out the companies making headlines in extended trading.

eBay Inc. (Nasdaq: EBAY) continues to deepen its footprint in digital collectables. The e-commerce giant announced on Wednesday that it has acquired the U.K-based non-fungible token (NFT) marketplace KnownOrigin. The terms of the acquisition were undisclosed.

eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.

E-commerce giant eBay has officially launched its first NFT drop, with a series of tokenized collectibles featuring National Hockey League (NHL) legend Wayne Gretsky going live on May 23.

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Check out the companies making headlines in midday trading.

It's a hard rock life for one crypto user. A clumsy keystroke and the actions of a sniper bot caused a million-dollar mistake on March 10.