Wednesday, January 10, 2007

Our Fees at Work

It's always interesting to find out what eBay does with our fees. Rumor has it that eBay will soon spend $300 million to purchase StubHub, a website where fans buy and sell tickets to concerts and sporting events.

And, say, what has happened since eBay dropped $1 billion (!) on Skype? Is that purchase paying off? How many sellers use voice software in their auctions anyway? I think talking auctions are annoying in the extreme. Has Skype brought anything to the table other than the omnipresent Skype ads on eBay's home page? According to BloggingStocks
shareholders are still miffed that eBay purchased Skype.

Well, if I'm able to someday purchase U2 tickets as a result of this StubHub thing, maybe it'll be worth it.
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2 Comments:

Blogger Mimi said...

Good luck with the U2 tickets :)

6:01 AM  
Anonymous Anonymous said...

I think this is a brilliant move by eBay. This purchase is in a huge growth area for all event tickets. With that said they only made one mistake....Being too cheap a few years ago. Better late than never in this growing industry though however.

In 2002, San Jose, Calif.-based eBay had come close to acquiring StubHub of San Francisco for $20 million, but that tentative agreement fell apart at the last minute over price, a source familiar with that deal said.

Mike http://antiquehoosier.blogspot.com/

4:55 AM  

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