US-based start-up Gently has announced it has raised two million dollars in a pre-seed funding round to help scale its secondhand platform. In a release, the company said it is aiming to create the “Amazon for secondhand” by allowing users to shop from multiple resale platforms in one place. The platform enables shoppers to search, filter and...
29 Sept 2022
Ebay UK is quickly becoming a marketplace for sneaker afficionados. With its latest launch of OG Drops, the event will sell a selection of hyped sneaker with music ties via an onsite raffle. Listed sneakers will be sold well below their retail or re-sale value. In a statement eBay said: “Combating the bots, backdooring and limited releases which...
23 Sept 2022
Searching for a Dior Saddlebag, Mulberry Satchel or Jacquemus Bambino on resale platforms will come with great variance in options, especially price. New data from VoucherCodes.co.uk, who analysed the cost of 20 of the most popular branded fashion items this year across three pre-loved sites including Depop, eBay, and Vinted, saw big variations...
13 Sept 2022
Ebay UK has struck up a partnership with preloved clothing repair and resale specialists Reskinned in a bid to expand its marketplace’s preloved offering. The company, which is currently working with over 30 brands, including River Island and Joules, takes back worn clothing from shoppers and reconditions them for resale, repurpose or recycling....
8 Sept 2022
Amidst rising energy prices, a looming recession and households struggling to meet their monthly bills, new data suggests retailers will be in for a starker Christmas as consumers will be looking for value this holiday season. Research from eBay Ads UK Christmas Spend Trends finds that the impact of inflation means consumers will be prioritising...
25 Aug 2022
Ebay UK is continuing its relationship with reality series Love Island through a new pre-loved fashion deal with one of this season’s ‘Islanders’, Tasha Ghouri. According to the marketplace platform, the partnership with Ghouri, who has been named as its ‘Pre-Loved Ambassador, marks the first non-fast fashion brand deal to come out of the...
11 Aug 2022
eBay Inc. reported revenue of 2.4 billion dollars, down 9 percent on an as-reported basis and down 6 percent on a foreign exchange (FX) neutral basis. Gross merchandise volume (GMV) was 18.5 billion dollars, down 18 percent on an as-reported basis and down 14 percent on an FX-neutral basis. "Our team delivered better than expected financial...
4 Aug 2022
Reality show Love Island, previously known for its fast fashion-clad contestants, took on a major shift for its latest season announcing a new partnership with second-hand platform, Ebay. The deal, which was revealed at the beginning of May, has seen the popular UK series take a step in a more sustainable direction, with each of its ‘Islanders’...
11 Jul 2022
US e-commerce giant eBay has bought non-fungible token (NFT) marketplace KnownOrigin for an undisclosed sum. Founded in Manchester in 2018, KnownOrigin’s technology and platform enables artists and collectors to create, buy and resell NFTs via blockchain-support transactions. eBay said the acquisition of KnownOrigin is an “important step” in its...
23 Jun 2022
Marketplace eBay is looking to burst the sneaker market bubble with the launch of OG Drops, which will allow sneakerheads to get their hands on currently sought-after sneakers at the much lower cost of when the model first launched. To launch OG Drops, eBay is partnering with London chicken shop Morley’s to open a first-of-its-kind eBay x Morley...
9 Jun 2022
A new report by Ebay Ads UK has found that the ongoing cost-of-living crisis has been driving significant changes in consumer behaviour, causing a shift towards circular shopping habits like the purchasing of second-hand goods. The region’s rising cost of living has seen energy bills, fuel and food prices climb, which Ebay said is causing UK...
30 May 2022
Pre-owned marketplace Ebay has revealed it will be opening its first-ever sneaker store in Los Angeles, offering coveted sneaker styles for up to 70 percent off their market price. Set to open on the US’ Memorial Day weekend, May 27 to 29, the ‘Wear ‘Em Out Store’ looks to reward sneaker enthusiasts for sporting their new shoes out of the store....
23 May 2022
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