Wednesday, May 7. 2008
DETROIT - Internet auctioneer eBay Inc expects to clinch further deals with major automakers that would clear the way for their affiliated dealers to market used cars following a pioneering tie-up with GM, an executive said on Tuesday.General Motors Corp is taking steps to list all of the inventory of certified pre-owned cars at some 3,900 GM- affiliated U.S. dealers on eBay under a program announced in February and rolling out in the current quarter.That tie-up is meant to broaden the market for the used car inventories of GM dealers, while drawing more sales volume to eBay Motors, which generated $18 billion in annualized transactions in the past quarter. On reuters.com
PayPal already has a notorious reputation as highlighted in several past legal cases and entire web sites devoted to this company which parades as a financial service but is not registered as such. As any business which relies upon PayPal to handle payments knows, from time to time you will have to go through the routine dance through a series of hoops, an obstacle course designed to be difficult and cumbersome, a game which not everyone will manage or have the energy to engage in. Whenever PayPal deems it fit, for example if an account has been logged into from a different IP address or country, or just at random, it will restrict the account so that you won't be able to withdraw any funds from it. Yes, of course, people will still be able to pay INTO the account, since all that money keeps PayPal's own account looking good. On mathaba.net
Small to Large Operations Use uShip to Grow Their Businesses and Get the Job Done
AUSTIN, Texas, May 1 - Austin-based company uShip announced today that they have registered their 100,000th Transportation Service Provider (TSP) member. According to CEO Matt Chasen, this is a momentous benchmark not only for uShip, but for the trucking and shipping industries as well. Founded in 2003, uShip is the first and largest online marketplace for shipping services. "The industry's response to uShip has been overwhelming and exceeded our expectations in every way," Chasen said. "We now have 100,000 TSPs, making us by far the largest online community for transportation services. This achievement is further proof that we have succeeded in changing the way goods are being shipped."
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The QXL.co.uk online auction website will close at noon on 30 May, it has been announced. An email sent to QXL customers today states: "We have decided to withdraw from the UK market and close the QXL.co.uk site". Any credit balances that remain in your account can be reclaimed by providing the customer-service team the credit-balance details on enquiries@qxl.com, according to the company. Customers are also asked to settle any outstanding debit balances as soon as possible. The site, which has been running for 10 years, calls itself the "United Kingdom's original online auction website". However, eBay has always been the dominant force in online auctions in the UK. On webuser.co.uk
eBay Eachnet has announced immediate plans to exempt a series of important fees for users, a move that marks the beginning of the company's shift to a free service pattern. eBay Eachnet's main Chinese competitor Taobao.com has maintained a leading market position since it was founded because of its menu of free goodies for users. Taobao is run by e-commerce powerhouse Alibaba.com. Chang Lin, vice president of eBay Eachnet, said users will enjoy life-long free service when they open a new store on eBay Eachnet. Users who have already had a store on eBay Eachnet can enjoy a free upgrade of their stores, and users who purchased a high-end store or superior store with eBay Eachnet between January and April this year will be offered excellent classified resources before the end of June. On zdnetasia.com
A recent NAA survey found that 33% of US auctioneers reported an increase in gross sales receipts during the first quarter of 2008, down from a 34% increase reported in the first quarter of 2007. Overall, there was a net increase in gross sales revenue for live auctions of 3.25% compared to the same quarter last year. The National Auctioneers Association (NAA) surveys its members each quarter and releases the results. Respondents were less optimistic than last year: in the first quarter of 2007, 62% of respondents reported that they believed they would see an increase in annual revenue, compared to 56% in first quarter of 2008. By Ina Steiner
OVERLAND PARK, Kan. - The third Saturday of April marks a special day in the lives of Auctioneers throughout the United States, National Auctioneers Day. National Auctioneers Day will be recognized and celebrated by professional Auctioneers on Saturday, April 19, 2008. The last bastion of the competitive free enterprise system, auctions and the age-old profession of auctioneering continues to thrive and grow in today’s economy. In 2007, the live auction industry sold over $270.7 billion in goods and services at auction, an increase of 5.3% from 2006. Consumers enjoy auctions because they are fast, efficient and most importantly, fun. Auctioneers celebrate this annual event each year by volunteering their professional auctioneering services to charitable organizations and worthy local causes in their community.
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Open Platforms and Embedded Business Applications to Be Showcased at eCommerce Industry Event SAN JOSE, Calif.-eBay Inc. today extended an invitation to developers, affiliates and entrepreneurs to tap into the largest ecommerce opportunity on the Web at Chicago's McCormick Place West convention center from June 16 to 18 for its sixth annual Developers Conference.
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