eBay Is Removing Selling Fees For Consumer-To-Consumer Sellers In The UK For Domestic Transactions Across All Categories, Excluding Motors - Filing
Portfolio Pulse from Benzinga Newsdesk
eBay is eliminating selling fees for consumer-to-consumer sellers in the UK for domestic transactions, excluding motors. This change was included in their Q2 2024 financial outlook. eBay plans to introduce a buyer-facing fee in the UK in early 2025 with added buyer enhancements.
October 01, 2024 | 10:14 am
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eBay is removing selling fees for UK consumer-to-consumer sellers for domestic transactions, excluding motors. This move was anticipated in their Q2 2024 financial outlook. A buyer-facing fee and enhancements are planned for 2025.
The removal of selling fees could boost eBay's market share in the UK by attracting more sellers, potentially increasing transaction volume. The anticipated buyer-facing fee and enhancements in 2025 could offset revenue loss from the fee removal. This strategic move was already factored into eBay's financial outlook, suggesting a well-planned approach.
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