It's being called an April Fool's joke gone wild, but four days after the fake press release hit the web it's still picking up steam and is showing no signs of slowing down. Apparently first released on Pheebay.com, the faux news release claims that Jack Ma of Alibaba renown would be making an overture for ownership of Yahoo! (NASDAQ: YHOO), the stated goal being a gut thrust drive at upsetting online auction leader eBay (NASDAQ: EBAY) for good. The fake notice also pulls Google, Inc. (NASDAQ: GOOG) into the fray but alas, to no avail.
What makes this situation at least mildly remarkable is the response that it has received. It seems that as people realize that it's only a joke, the uniform response is one of disappointment and dismay in finding out that it is just not true. The fake notice was well received on the Powersellersunite boards where you can easily see that had it not been a joke it had the potential of becoming an over the top success. This serves as another quick and passing reminder that there are a great number of disenfranchised former eBay sellers who still have an axe to grind.
I read the full release on AssociatedContent about this light hearted fantasy, and I think about all the options available on the internet. I am reminded that strange things do happen in this internet world and that yesterday's joke is sometimes today's block buster hit. Don't turn your back on the true possibility that the eBay slayer is standing in the shadows ready to strike. As David Lee Roth sang in Fair Warning, "What you think is nothing, might be something after all."











Reader Comments (Page 1 of 1)
9-19-2007 @ 5:57PM
Simon said...
You do have to wonder why Ma has not upped the ante yet. You just have to look at Ebay's recent humiliation with the Media Auctions boycott to see how they're not quite the darling of Wall Street they once were.
Google were perhaps the prime candidates to take on Ebay, but it doesn't seem they want to play. Yahoo + Ma?....It is possible. :)
9-19-2007 @ 9:13AM
Jim said...
Jack Ma did indicate around Christmas time that he intends to enter the US market:
http://technology.guardian.co.uk/weekly/story/0,,1975952,00.html
Whether he does remains to be seen. GMarket are another one to keep an eye on.
4-08-2007 @ 1:57AM
Rosie said...
With the current trends at eBay not exactly being great for sellers, I reckon sellers would be open to this kind of suggestion.
Yes, why not, China is becoming a major influence in the business world in ways we never would have believed a few decades ago.
4-07-2007 @ 1:07AM
Helen said...
I read it at Pheebay and sighed too when I realised it was a joke. Has nobody in Yahoo, Google or wherever got the gonads to give eBay a run?
4-08-2007 @ 1:58AM
Gray said...
Reminded me of this article written all that time ago. Check out the second to last paragraph:
http://www.associatedcontent.com/article/61703/ebay_strives_to_regain_balance_as_the.html
4-07-2007 @ 1:09AM
wei chung said...
Glass always seems greener on the other side. You westerner no understand chinese market. Taobao charge 0 and make 0 profit. Of course Chinese peopeol goto Taobao because 80% population is too poor.
Taobao sell so many with illegal pretend things...more than Ebay.
Luk at this google search i do.
http://www.google.ca/search?hl=en&q=taobao%2Bfake+merchandise&meta=
Yes Ebay lose Taobao in China but ebay have profit over 1 billion every year. Of course easy to sell if u charge no money.
so sory my engrish teribol
9-19-2007 @ 6:46PM
Simon said...
"easy to sell if u charge no money"
Ebay tried to crack the Chinese market by not charging fees either, which obviously got them nowhere. Seems Chinese users were more put off by Ebay's terrible customer service.
4-08-2007 @ 1:58AM
Brian said...
There are even more angry sellers on eBay now, the latest fiasco is the amount of time that it is taking for listings to appear on the site. The place now seems totally incapable of sorting any problem whatsoever, talk of further listing strike action from sellers should alarm the stockholders again. There has been a drop of 1/3 in listing numbers since last year or has Wall Street not noticed that!
4-07-2007 @ 12:13PM
wei chung said...
sorry I from china. I use ebay and taobao. Simon man lie about ebay no charge fee.
I like taobao because make many money :). But Taobao style not work in western place. Ebay do not work because not understend chinese people.
10-06-2007 @ 12:34AM
Alex said...
ON APRIL 1st EBAY'S TRAFFIC HIT ITS LOWEST POINT SINCE 2001.
APRIL FOOL.....
http://info.alexa.com/data/details/traffic_details?url=www.ebay.com
.....NOT.
4-08-2007 @ 1:59AM
michael said...
Alexa ratings are meaningless...take a look at facts. Revenue growth per quarter.
http://finance.yahoo.com/q/is?s=EBAY
31-Dec-06 1,719,901
30-Sep-06 1,448,637
30-Jun-06 1,410,784
31-Mar-06 1,390,419
10-06-2007 @ 12:40AM
Alex said...
"Alexa ratings are meaningless"
They're only meaningless if you don't think traffic's important. You'll be telling me humans don't need oxygen next!
Ebay.com as an auction site is starting to attract a few flies. Just as well Ebay monetized ad revenues and started to charge for Skype.
4-08-2007 @ 1:45PM
nedd said...
ebay are great please buy there stock youl be rich
9-19-2007 @ 7:08PM
nedd said...
ebay are great please buy there stock youl be rich
4-09-2007 @ 10:15AM
richard said...
Ok Alexa rating fans tell us the methothodology in which they track site traffic.
Also if site traffic is declining how do you explain 5 consecutive quarters of meeting or exceeding earnings expectations? Oh yes a few promo listings ! LOL And so what? It means people are listing. That's the whole purpose.
Go ahead educate us all. We are waiting.
4-09-2007 @ 2:01PM
Alex said...
1)Starting to charge for skype.
2)Ebay have had to squeeze every last ounce of monetizing the site for the short term, and in doing so, they are compromising their long-term market position. Google Adwords may have helped raise some quick bucks, but if traffic is declining, so will the ad revenue eventually. Point being, Meg and co have to drastically alter the functionality of the site for a 'quick fix' in order to meet or beat expectations each quarter. This may be great for the short term, but not so great for the long term. Are sellers going to want to risk making their living solely from a company who move their goalposts every blink of an eye? It's these same 'staple' sellers who are the backbone of ebay.com's profits. Ebay should try not to piss them off too much.
Will Ebay meet or beat expectations this quarter? Probably. Will Ebay be looking over their shoulder with increasing frequency over the course of the next year? You bet.
4-17-2007 @ 10:24PM
Tracy said...
Quote: It's the same staple sellers that make eBay money! Lol. Not really! There is also Pay-Pal.
It's millions of sellers, selling millions of items that make eBay great. eBay is and always will be the leader in Auction sales. This stock will be 100 dollars a share in 5 years or less. eBay has GREAT things planed for the future.
eBay is also Millions of people using Pay-Pal away from eBay sites. All big companies that sell on the internet are, or will be using Pay-Pal for their sales transactions. Pay-Pal and eBay auction is ebay money maker, not disgruntled sellers who whine on every blog thats out there. EBay makes nothing off whiners, and could not care less.
6-24-2007 @ 12:37PM
j said...
www.deathofebay.com is for sale; working on combing something to give back to those that have had hardships from ebay and pay pal
how does ebay and or pay pal do this to people? ruin lives