eBay Offloads Classified Ads Business for Nearly $10 Billion: Business Casual

Powered by RedCircle

Online shopping fixture eBay has continued slimming operations, selling its classified ads business to Norwegian retailer Adevinta for nearly $10 billion.

This is the latest in a line of similar moves for the company, which split with PayPal in 2015 and offloaded StubHub to Viagogo in 2019.

On this Business Casual snippet, hosts Daniel Litwin and Tyler Kern highlight what this could mean not only for eBay, but for the wider world of ecommerce and advertising on online retail platforms.

For the latest news, videos, and podcasts in the Retail Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!


Lids University storefront
Lids Expands Merch into Collegiate Athletics with Lids University
August 15, 2022
Collegiate athletics, college sports fans, and the larger sports retail world locked in another merchandising win and opportunity as Lids, the leading hat and sports merchandiser, announced another expansion to Read more
US School Districts Are Spending More as Stimulus Deadline Looms
August 15, 2022
(Bloomberg) -- Buoyed by a historic influx of federal pandemic stimulus, the largest school districts in the US are spending more. On average, school district expenses rose 5.4% in fiscal 2023 from a year Read more
Trends in Pet and Animal Wellbeing
August 15, 2022
  Nutrition, supplements, and wellness are the foundation for a healthy human life. And that trend is now leaking into our pets and animal health. According to a recent Pet Age report, “a Read more