EBay Facing Collapse From Icahn’s PayPal Spinoff, Report Says

[adventureman89]

So let's say eBay does collapse and becomes the new myspace, who will take over? Amazon is way different than old eBay, and Etsy is too targetted.

eBay Facing Collapse from Icahn’s PayPal Spinoff, Report Says – Jewish Business News

[RosieTosie]

Originally Posted by adventureman89

So let's say eBay does collapse and becomes the new myspace, who will take over? Amazon is way different than old eBay, and Etsy is too targetted.

eBay Facing Collapse from Icahn’s PayPal Spinoff, Report Says – Jewish Business News

Alibaba and Google are the front runners aren't they?

[adventureman89]

Originally Posted by RosieTosie

Alibaba and Google are the front runners aren't they?

I agree those two are high up there.. But Alibaba is mainly wholesaling and Google is not very seller friendly.

[Futuremogul888]

The reports of Ebay's demise are greatly exaggerated

[yankee]

Originally Posted by Futuremogul888

The reports of Ebay's demise are greatly exaggerated

That is for sure. I would say we have a decade to go...

[danshan]

I predict the end of the world at some point based on current indicators if I am right I am genius if I am wrong thank god!

[ebayfail]

eBay collapsing? I doubt it.

[danshan]

Would be insane

[wtfebay]

So much doom porn...."the report said", "says the report", "the report", "the report", "the report".

[ebayfail]

I know how to save ebay from collapse: revive all banned and limited accounts .

[yotano211]

I am sorry but that article is the biggest POS writing this month. First it starts off with a ebay/paypal split then walks into Carl Icahn then leads into talking about oil. It never returns to the orignal title of the aricle, ebay and the split.

If you see that the article is written more on oil than the name of the title. More than half of the article is written on the subject of oil. "With traffic and sales slowing they lay off 7% of the work force". Of course the sales of eaby are slowing, the market that they are in is saturated to a point with no or little future growth. How can they say that ebay has competition when Etsy is more for home crafted items.

The only thing they got right are some of the security breaches ebay has had and their problems with the search engine or searching on other search platforms, e.g. Google, Yahoo.

I never believe any religious site on the matters of business. For that I go over to Business Week or The Wall Street Journal. I think of this Jewish site more as a opinion web site.

[nostro]

Originally Posted by adventureman89

So let's say eBay does collapse and becomes the new myspace, who will take over? Amazon is way different than old eBay, and Etsy is too targetted.

eBay Facing Collapse from Icahn’s PayPal Spinoff, Report Says – Jewish Business News

One article from a little known media source should not be cause for alarm. I would begin to be concerned if there were widespread reports from well known media sources.

[solefoodbk]

People like to talk, this gives them something to write about.

Ebay was never supposed to last this long anyways.

[littleredengine07]

eBay will not collapse. Luckily they were the first one in. Beside eBay and Amazon in the US what other online site could you really go to purchase goods. I know we have craigslist but if you had 100 customers a day. You wouldn't be able to do all your orders.

I believe the reason Paypal is going to be spin off is very simple. eBay and Paypal duo wants to make more MONEY.

Paypal will be turned into a bank. Most of the transactions they processes are processed by Wells Fargo. Think if Paypal was there own Bank. Transaction would cost them NOTHING plus now they can issue you credit cards. The ones stupid enough to take them will use them. Making ebay/paypal team more money.

Paypal is want to be bank right now. But they spinned off and get a banking license. Ebay has just double there profits. Investors are happy but the average seller is hurt once again.

[ebayfail]

Paypal will be turned into a bank.

Will it be the end of stealth if this happens?

[schmeagle]

Originally Posted by ebayfail

Will it be the end of stealth if this happens?

If they became a real bank they couldn't get away with half the shady practices they do, so I don't think it's their interest to become a legit bank. They make way more money being a middle man between ebayers and real banks.

[BiN4RY]

This is sensationalized as hell. I can assure you a website called "Jewish Business News" is not a credible source.

[littleredengine07]

Originally Posted by ebayfail

Will it be the end of stealth if this happens?

No stealth will not end. The fact is banks don't tell other banks anything.

For example if you were

Bank A has a client who is worth several million dollars and has tremendous amount of money in Bank Accts or investment.

Let say Bank A shares with Bank B. Don't you feel bank B will try to poach that client from Bank A.

Hence Banks do not say a peep about there clients.

Banks do not want Paypal to be a bank. Although if Paypal manages to get banking license in all 50 states. Banks will never share your info with Paypal because now they see them as competitor. Banks never liked paypal because they sell credit card processing services. So they see paypal as a "want to be" bank. We have to deal with paypal because of the buyers who use them.

[yotano211]

Paypal will not be made into a bank, they are a payment processor and nothing more than that.

[adventureman89]

Okay great, I thought Bonanza was finally going to take over.. back to stealthing.

[solefoodbk]

Originally Posted by BiN4RY

This is sensationalized as hell. I can assure you a website called "Jewish Business News" is not a credible source.

That made me laugh out loud.

[solefoodbk]

Originally Posted by yotano211

Paypal will not be made into a bank, they are a payment processor and nothing more than that.

A bank and a payment processor is two different things.

They won't turn into a bank.