eBay: What's behind the 20 cents promotion?


U.S. sellers are livid over today's eBay Inc. (NASDAQ:EBAY) promotion: a 20-cents listings day but only for Indian sellers and on the U.S. site. Just go to the comments here and here or go to the eBay sellers' forum to see how merchants feel about this.

Some are even suggesting this promotion could be a ploy to boost core listings for the benefit of Wall St. This is one hell of an accusation, and could be one hell of a plan on eBay's management part if it were true. With all the negative sentiment among sellers these days, it is sometimes hard to decipher between what is said as an angry comment 'in the heat of moment' and what should be taken as real reason for concern.

Could management, however, have chosen a better reaction to the boycott other than this promotion? I think so.

eBay Inc. (NASDAQ:EBAY) shares lost 3.63% of their value today, going down $1.01 to close at $26.84.

Reader Comments (Page 1 of 3)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 10:21 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329103285470 ms.