eBay told to pay fines of 40 million Euros for fake goods sold online
A French court has now ordered the online shopping giant eBay to pay Euro 40 million in damages to luxury goods group LVMH.
eBay was found guilty of allowing sellers on their services to sell fake copies of the company’s products.
LVMH had claimed [...]
eBay boosts PayPal related protection for buyers and sellers
Online auction service eBay has announced that they are adding new security features to their PayPal service to boost customer confidence.
The company said that buyers who pay for items with PayPal will be eligible for full refunds in case the seller fails to deliver the goods.
There [...]
Skype: eBay supports us fully
Market rumors are pointing towards the possibility of eBay considering plans to sell off their Skype assets.
However, Skype has now responded in a statement that they have the full support of the online shopping giant.
Skype CEO Josh Silverman said in a statement that eBay is extremely supportive of Skype.
He added: “And [...]
StubHub enters a five year long deal with Major League Baseball
eBay owned StubHub has announced that they have now entered a five year long deal with the Major League Baseball.
They have now become the official source of secondary tickets for Major League Baseball for this period.
They would take charge of the secondary ticket sales at [...]
eBay launches eBay.vn in Vietnam
US based online auction giant eBay has announced the launch of their promotional site in the Vietnamese language at eBay.vn.
eBay said that they are aiming to trap the growing Vietnam’s economic and trade potential through this new venture.
Sam McDonagh, Director for eBay Southeast Asia added in his statement: “We believe the [...]
Ringo Starr music catalog coming online
There is some good news for Ringo Starr music fans. Market sources say that his music is coming to the digital music stores online.
Ex-Beatles Ringo Starr’s Publicist said in a statement that Starr has signed on a deal to release his Capitol/EMI catalog online.
This means downloads of his popular music [...]
Amazon unlikely to gain from sales of Harry Potter and the Deathly Hallows
Online retailing store Amazon has said in a statement that they are not likely to make profits from the sale of the highly anticipated book Harry Potter and the Deathly Hallows.
Amazon has impressively already taken more than a million pre-orders for the final [...]
eBay in patent problems related to their Buy It Now feature
Online e commerce giant eBay is finding itself in patent problems related to their Buy It Now feature which enables their members to purchase items instantaneously at a fixed price from the seller.
A Virginia based company MercExchange is claiming that eBay is infringing on their [...]
eBay Media Marketplace: eBay now enters radio advertising business
Online auction and retailing service eBay has announced that they are now entering the radio advertising business.
The web based service would now become a broker of ad spots on radio channels. Incidentally, they would become the first major online rivals to Google which recently entered this business [...]
eBay Thai coming up next!
eBay sometime back announced that they were somewhat withdrawing from the Chinese market. However, they are not leaving the Asian market alone as they are now going to target the Thailand online auction market with their upcoming Thai portal.
eBay said in a statement that they are going to work with [...]
