EBay refocusing on ‘secondary market’
12 Mar 2009
EBay's future: fewer auctions, more liquidations, financial analysts were told in a briefing Wednesday. CEO John Donahoe said the company is shifting its focus to the "global secondary market" that sells low-volume and liquidated products.
The refocus is an effort to transform EBay's core marketplace business over time - lessening its dependence on waning auction activity. Generally, Int