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EBAY hurts card sellers with OT expansion

storm888storm888 Posts: 11,701 ✭✭✭
in Trading Cards & Memorabilia Forum
Instead of further helping to promote sports memorabilia sellers
on their venue, EBAY is now (according to CNBC) ready to buy
stubhub.com, for $300M. They could have had it for $20M+ in
2002-03. (stubhub is a reseller of sports/event tickets, and some
MLB teams say they will no longer accept the tickets).

This kind of useless purchase means that future listing-fee price
hikes will always be required to keep EBAY profitable.

On the positive side, if enough card sellers leave EBAY, business
will probably improve for those that remain.


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Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.

Comments

  • ctsoxfanctsoxfan Posts: 6,246 ✭✭
    Just curious, what MLB teams have said they won't accept stubhub.com tickets? Stubhub.com doesn't actually produce the tickets anyway, and I don't believe the tickets have any indication that they came from there on them - they are simply a venue for tickets to be exchanged.
    image
  • storm888storm888 Posts: 11,701 ✭✭✭
    "Just curious, what MLB teams have said they won't accept stubhub.com tickets?"

    /////////////////////////////////////////////////

    That info (team names) was not stated in the CNBC story. I am sure there will
    be follow-ups later tonight and tomorrow on their website.

    The issue was raised as part of the downside regarding why EBAY
    was making "another" buying mistake.

    I dunno how a gatekeeper can tell where a resell came from.

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • MooseDogMooseDog Posts: 1,946 ✭✭✭
    That doesn't make any kind of sense. I have sold a lot of tickets on StubHub and I send the actual tickets directly to the buyer. They have the same tickets that I would have had.
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