What Happened To eBay?

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eBay is one of the most iconic online retailers in the world. Born out of the dotcom boom, eBay rose to be one of the biggest online marketplaces in the world connecting millions of sellers and buyers. However, over the years, the role of eBay within the retailing space has largely come into question due to the rise of Amazon, Craigslist, and legacy retailers. It seems that eBay doesn’t excel in any one category and the only reason that they still have so many users is because of their brand image. Users are increasingly starting to notice this and they’re slowly leaving the platform whether they be buyers or sellers. This is only made worse by the fact that eBay has a pretty serious scamming problem for both buyers and sellers. Not to mention, they spun off much of their stake in PayPal which seems to be doing a lot better. This video explains the issues plaguing eBay today and what happened to eBay.

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Timestamps:
0:00The State Of eBay
2:02Unhappy Sellers
5:30Unhappy Buyers
8:27A Dying Platform

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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.

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