EBay, the multimillion dollar giant that has been king of the online shopping world could be in trouble. A company that not so long ago began in someones living room and become this GIANT eating up a good portion of the online shopping word by acquiring many, many companies including Paypal being their biggest jewel.
They have forgotten their roots and what made them so successful, their sellers. The sellers that have been paying them for many years, millions of dollars in fees, and now eBay decided to CONTROL the entire playing field forcing longtime sellers to vacate. As they merged with buy.com and bought out other online players for fear of competition, they decided they wanted to be more like Amazon and start selling like an online Walmart rather than the auction site that buyers and sellers alike grew to love over the years. Well there’s no love anymore. EBay has become like a small government, a bad government. Hated by the world and most Americans (sort of like Washington). When John Donahoe took charge of the company this past year, the changes began. Sellers and buyers have been jumping ship like its on fire. It’s not a good place to do business anymore.
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