eBay is a global online marketplace where people and businesses can buy and sell a wide range of items, from electronics to fashion and collectibles. Sellers list items with details and photos, buyers can bid in auctions or buy at a set price, and the platform handles payments and shipping while charging listing, final-value, advertising, and subscription fees. It differentiates itself by offering both auction-style and fixed-price listings with buyer and seller protections and a broad set of tools to promote listings. The goal is to connect buyers and sellers worldwide for easy, varied, and secure commerce while generating revenue from fees, advertising, and subscriptions.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Jose, California
Founded
1995
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What's gone wrong at Nike? How the world's sportswear giant lost its mojo. 1 hour ago Michael RaceBusiness reporter, New York It's been a difficult few years for Nike. The largest sportswear brand on the planet, named after the ancient Greek goddess of victory, has been losing of late. Losing sales, losing customers and losing ground to its rivals. The one-time industry disruptor is now the establishment and in the middle of a tricky turnaround plan aimed at clinging on to market dominance. Nike's latest financial results show signs a turnaround strategy put in place by company veteran Elliott Hill, who was coaxed out of retirement two years ago to lead the firm, is working - but the pace of change is more marathon than sprint. However, its recovery has been dented by the loss of football star Kylian Mbappé, who ended his 20-year association with the brand last week to join fast-growing Swiss rival, On. The Real Madrid striker's departure raises the question of whether Nike can remain the top logo for not just elite athletes, but also the fans that idolise them. To be clear, Nike is still a mega brand and popular the world over. But missteps have seen hundreds of billions of dollars wiped off its stock market value as its share price tumbled by 75% over five years. Last month, Nike was ejected from the S&P 100 stock market index of the biggest blue-chip firms in the US. So what's gone wrong? And can Hill turn things around? Matt Powell, a veteran analyst and adviser in the sports retail industry, reckons Nike has made "several strategic errors" which have been difficult to reverse, including cutting ties with retailers to sell only direct to customers online and making limited editions items more available. "The more broadly available those shoes became, the fewer people were interested," Powell says. Other self-inflicted wounds he suggests include spending research and development cash on digital operations rather than new products. "They really shut down their innovation on product. Someone jokingly said they were trying to turn Nike into eBay." That jibe was aimed at John Donahoe, the former eBay boss behind Nike's online direct-to-consumer sales pivot, before he made way for Hill. His tenure saw sales initially soar, driven by pandemic restrictions that boosted online shopping, but subsequent cost-of-living pressures curbed customer spending. As demand weakened overseas in key markets like China, Nike announced cost cuts and redundancies. Its digital distraction allowed newer footwear firms on top of the trends to snap at its heels. Shop shelf space previously occupied by Nike was replaced by brands such as On and Hoka. This was a stark warning to a company that prided and built itself on innovation. Nike was the firm that signed a deal with a rookie called Michael Jordan in the mid-1980s at a time when the company wasn't a major player in basketball and still mostly known for its running trainers. The gamble - spending its entire basketball budget on Jordan before he had even competed in the NBA - made Nike what it is today. The company built a shoe brand around him - Air Jordan. The red and black colours broke NBA rules, but Nike used it as a marketing stunt and paid the fines. In years that followed Nike partnered with generational talents Tiger Woods, Serena Williams and Cristiano Ronaldo, who all donned the Swoosh on their way to golf, tennis and football greatness. While the brand retains partnerships with long-retired Jordan, plus Williams and Ronaldo - Woods ended his association in 2024. "[I'm] not saying that what they did wasn't great, but it was in the past," said Tim Derdenger, an academic in marketing and strategy. "It's not the future and it's not the current and that is what drives apparel sales today." Nike's books still boast top athletes, ranging from Rory McIlory to Vinicius Junior. However, it has now lost its biggest footballing star in Mbappé, who had been with Nike since he was nine years old, along with World Cup winner Lamine Yamal. Yamal suggested his move to Adidas gave him the chance to stand out from Nike's star-studded roster, while Mbappé said On would see him "surrounded by innovators who dream of the same things I do". Was that a parting dig at Nike? Derdenger suggests Mbappé's move had parallels to Jordan's decision decades earlier to choose Nike over Converse and Adidas due to the opportunity for the athlete to become synonymous with one brand. "Athletes have egos and those egos want them to be a part of something big and that they're the ones that are helping drive that change, that growth." Nike down but not out. For all the "doom and gloom", Nike will stay number one, according to Powell - millions worldwide, including young people, remain loyal - but its mistakes have dented its dominance. "Will Nike be the gorilla they once were? I don't think so. Can the brand come back to growth and profitability? Yes," Powell says. "When you shut down innovation, you don't turn it back on and it goes right back to full speed," he adds. Powell thinks Nike's turnaround plan, called "Sport Offense", will start to show positive signs next year. Hill said Nike had "more work to do" on its sportswear, Jordan brand and in China as the company announced quarterly revenues of $11bn, which undershot analysts' expectations. The company said it expected revenues to decline by "high-single digits" in the financial year ahead, adding that it planned to make savings of $2.5bn by 2031, some of which will result in job losses. Last year the company launched a spin-off campaign to its iconic "Just Do It" slogan aimed at younger generations with the line "Why Do It?" Young people, and future sporting stars, may ask themselves: Why Nike?
eBay brings Authenticity Verification to Italy for fashion and luxury. 30 September 2026 eBay is expanding its services in Italy dedicated to the second-hand fashion and luxury market with the launch of Authentication Verification, available from September 2026. The program involves a professional check of eligible items before they are delivered to the buyer, at no additional cost for the service. The relevant listings are identified by a specific badge. After purchase, the product is sent to the eBay authentication center in Germany, where specialized experts verify both the authenticity and the correspondence of the item with what is indicated in the listing. Only after the checks are completed, the product is forwarded to the customer. The service covers bags, clothing, shoes, accessories, and selected brand sneakers priced at least 200 euros, while for watches the threshold starts from 1,500 euros. Activation is automatic for all items that meet the specified requirements. The procedure also applies in the case of returns: the product returns to the authentication center to verify that it is the same as previously checked and that it is returned in the same condition. Italy is thus added to the markets in which eBay has progressively extended the service after its debut in the United States in 2020. Globally, the platform declares to have already authenticated over 15 million items. For eBay, the introduction of Authentication Verification aims to strengthen trust in the buying and selling of fashion and luxury products, especially in an increasingly relevant second-hand market for high-end items. Share it on
Selro integrates Claude AI to Help multichannel sellers create better product listings, faster. Sellers can now generate optimised product titles, descriptions and bullet points directly inside Selro, powered by Anthropic's Claude READING, BERKSHIRE, UNITED KINGDOM, September 30, 2026 / EINPresswire.com / - Selro, the multichannel inventory and order management platform for online sellers, today announced a new integration with Claude, the AI model from Anthropic. The integration lets sellers generate high-performing product titles, descriptions and summary bullet points from within Selro as they create inventory items and listings. Writing unique, marketplace-ready content for every product is one of the most time-consuming parts of selling online, particularly for sellers managing large catalogues across several channels. With Claude built into the listing workflow, Selro users can produce this content in a few clicks, without leaving the platform or copying text between tools. What sellers can do with Claude in Selro: -Generate a title and description from an image. -Rewrite an existing title. -Rewrite an existing description. -Create product summary bullet points based on the product title or description. Simple to set up: Sellers connect Claude to their Selro account by creating an API key in the Claude Console and entering it in the Selro Claude connector. Selro also supports OpenAI's ChatGPT, so sellers can choose whichever AI provider suits them. Each Selro account can connect one provider at a time. "Sellers shouldn't have to spend hours writing listing copy for every product on every channel. With Claude built into Selro, they can go from a photo or a rough title to a polished, marketplace-ready listing in a few clicks, and spend that time growing their business instead." Said Selro's spokesperson Availability: The Claude integration is available now to Selro users. Setup instructions are in the Selro Help Center at https://help.selro.com/en/articles/14456767-using-ai-to-generate-product-descriptions. New users can try Selro through its free trial at selro.com. About Selro: Founded in 2012, Selro is a cloud-based ecommerce operations platform that helps multichannel sellers manage, automate and scale their online businesses from a single system. The platform centralises inventory, orders, listings, shipping and reporting, reducing manual work and helping sellers avoid overselling. Selro integrates with leading marketplaces, including Amazon, eBay, Etsy, Walmart and Fruugo, and with webstore platforms such as Shopify, Magento, WooCommerce and PrestaShop, as well as shipping carriers and accounting tools such as QuickBooks. For more information, or to start a free trial, visit selro.com. Mary Evans Selro +44 118 466 1244 email us here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
eBay bans airbag sales as concerns about faulty or counterfeit parts rise. NPR | By Willa Rubin Published September 24, 2026 at 4:00 AM CDT The online retailer eBay is joining a pack of its competitors in banning sales of airbags and many kinds of airbag parts in the U.S. Although eBay hasn't said what motivated this action, the company's move comes after the National Highway Traffic Safety Administration (NHTSA) released investigation results in April which found that certain substandard airbag inflators imported from China were responsible for a dozen deaths or serious injuries since 2023. In July, The Wall Street Journal traced the origins of several such faulty - and potentially counterfeit - airbag components, and found that one had been purchased as an aftermarket part on eBay. eBay declined an interview with NPR, but pointed to an online statement saying the decision was made "following a comprehensive review of the risks these products may pose to eBay users." In an emailed statement to NPR, eBay said that the company would enforce the new policy by using seller compliance audits, filtering algorithms and AI-supported monitoring. Consumer safety advocates welcomed eBay's move. "It's a good thing that eBay is no longer going to be offering airbags or airbag components on their platform. And it's about time," said Rosemary Shahan, president of the nonprofit Consumers for Auto Reliability and Safety. "There are a lot of dangerous airbags out there." But William Wallace, director of safety advocacy for Consumer Reports, cautioned that faulty or counterfeit airbags could still crop up on other sites. "It is a game of Whack-A-Mole," he said. After all, eBay is not the first company to ban the sale of airbags or components. Amazon, the nation's biggest online retailer, prohibits airbag sales. So does Meta, the owner of Facebook Marketplace, and so do the Chinese retail sites Temu and Alibaba. Amazon, Meta and Temu all told NPR that they continuously monitor their platforms for prohibited item listings. They did not respond to questions about what motivated their bans. Alibaba pointed to a press release stating that the company banned airbags over safety concerns in 2014, and that it later extended its ban "to component parts for the same reason, as well as to halt potential fakes." The release said algorithms on Alibaba's platforms will intercept pre-listings and block them. Wallace points out that these bans alone don't seem to be preventing bad airbags from reaching the market. "It's one thing to have a policy in place banning the sale of airbags," he said. "It's an entirely different thing to actually see the sale of airbags stop." How airbags work. Airbags are not made of pillowy fluff. "Airbags are actually like a pyrotechnic device," said Becky Mueller, a senior research engineer at the Insurance Institute for Highway Safety, an independent nonprofit that conducts vehicle crash tests and awards safety ratings. During a crash, Mueller said, a sensor measuring the car's speed determines whether it's just been in a high-speed collision and sends a signal to the airbag module. This ignites the airbag inflator. Gases inside the inflator expand in a fraction of a second. This creates the airbag's pillowy appearance, which is meant to protect a driver's head and chest. But when airbags don't work properly, Mueller said, the inflator can become dangerous. Its parts can become brittle and break apart. Then, as the airbag inflates, those parts are "flying at your face." That shrapnel puts people in danger, and has caused fatalities - including those alleged in the April NHTSA report. NHTSA's largest airbag recall, which affected an estimated 67 million airbags in the U.S., began in 2014, after the agency received reports that shrapnel from airbags made by the Japanese company Takata - used in vehicles made by Honda, Toyota, and Nissan, among others - had led to fatalities. Scientists ultimately found the company's airbag igniters were letting in moisture and degrading over time, which was particularly dangerous to drivers in hotter, more humid climates. Takata later filed for bankruptcy and was sentenced to pay over $1 billion in criminal penalties; NHTSA still has a "Do Not Drive" advisory for vehicles with a particular kind of Takata airbag, which is more likely to explode during a crash. And while there's always a risk that an automotive part could malfunction, that risk is compounded if it's counterfeit. It might look like a brand-name part, but it may not work like one, and it might not have been tested properly - or it may not deploy at all, said Mueller. Plus, it's hard to recall fake parts, because they're masquerading as something else, and it's hard to pin down who imported and distributed them. Online counterfeiting doesn't seem like a big deal for some kinds of products, Mueller said. Worst case scenario, she said, if she accidentally buys some fake Nikes, "I'm out a bunch of money and maybe the shoes fall apart in six months." "The stakes are much higher when we're talking about lives," she continued. Because of counterfeit airbags, she said, "People have died. People have been injured. People have been maimed." Could your airbag be faulty or counterfeit? New cars come with airbags which are certified by the manufacturer. But it can be harder to know the provenance of airbags in used cars. If an airbag needed to be replaced, like after a collision, a mechanic or car owner could have discovered that the original model wasn't available any more - and gone shopping online. There are a few ways to check your car's airbag history. Carfax offers a free check to see if a used car's airbags were already deployed. Vehiclehistory.gov allows car owners to purchase and view a full vehicle history. You can get a Comprehensive Loss Underwriting Exchange, or CLUE, report from Lexis Nexis, which keeps a record of insurance claims from the previous seven years - which could also include if a car's airbags were ever reported as stolen. But the only way to tell for sure if a car's airbag poses a risk is to have it inspected by an experienced mechanic who can tell you whether it could be dangerous.
Stream expands its presence in Latin America. Latin America is one of the fastest-growing regions for in-app communication, and Stream is investing directly in that growth. Published September 23, 2026 At a Glance Stream strengthens its investment in Latin America, building on multi-year relationships with companies like Globo, Mango, and EF Executive Language Institute. The expansion includes a Mexico City office with a local team and presence at the region's largest mobile app events. Stream, the leading provider of scalable chat, video, feeds, and moderation APIs, is deepening its investment in Latin America. The region is home to some of the fastest-growing mobile apps in the world, and companies like Globo, Mango App, Hotmart, EF Executive Language Institute, Fretebras, and TradersClubSA already rely on Stream to power messaging and video experiences for millions of users across Brazil, Mexico, Argentina, and beyond. The expansion includes an office in Mexico City with a dedicated team in the region, as well as an increased presence at Latin America's biggest mobile app events. Stream's investment in the Latin American market will accelerate the region's already growing digital economy. The region's mobile internet audience stands at 413 million people, or 64% of the population, and is expected to grow to nearly 500 million by 2030. That growth is happening on a mobile-first, chat-first foundation. Messaging app adoption in Latin America is among the highest in the world. In Argentina, Colombia, and Brazil, more than 90% of internet users are active on WhatsApp, a level of daily chat behavior that shapes what users expect from every other app they use. Stream aims to replicate its success with global partners like eBay, Kalshi, Bumble, Strava, and Patreon in Latin America. Three of Stream's customers in the region already show what that looks like in practice. * Fretebras, part of the Frete.com group, connects truck drivers with shipping companies across Brazil. Drivers and operators negotiate freight directly inside Stream Chat, exchanging documents and audio messages and using in-app voice calling to close deals without leaving the platform. * Mango, a digital wallet used across Paraguay, built peer-to-peer money transfers directly into chat. Users can send money, request payments, and pool funds together in group chats, all inside the same conversation where they are already talking. * Globo uses Stream's comment moderation tools to manage user-generated content at scale, including heightened moderation during Brazil's election season, when comment sections carry outsized public attention. Latin American culture is rich in social interaction, education, and sport, resulting in trending applications with millions of users. It's a perfect fit for Stream's ability to provide safe and engaging communities that are highly social in nature. Stream.io Inc is putting more of its team, support, and roadmap behind this region as it is central to its growth story. * Lou Salfi, Chief Revenue Officer Stream's presence in Latin America means companies get support from people who understand their market and time zone. Luigi Manrique, who leads Stream's LATAM account relationships, relocated to the newly established Mexico City office to support customers in the region's working hours. This guarantees faster support response times and fewer delays when something needs to be resolved quickly. Regional video infrastructure, with servers in São Paulo, Buenos Aires, Santiago, and Querétaro, also means companies building real-time chat, video, and audio experiences ensure low latency, low jitter, and a high quality calling performance for users. This has been tested for up to 100,000 concurrent video connections with 0 API call failures or crashes and 0% packet loss. Chat infrastructure scales to 5 million concurrent connections with <40ms latency. Stream is also increasing its presence at the largest mobile app industry events across Latin America. This gives companies in the region more direct access to Stream's team throughout the year to discuss their specific use case, product roadmap, and integration support, and it also gives Stream a closer view of what LATAM builders need next. Every conversation I have with a company in this region comes back to the same thing. They are growing fast and they need a partner who understands their market. That is what Stream.io Inc is building here. * Luigi Manrique, Account Executive, LATAM Ready to Increase App Engagement? Integrate Stream's real-time communication components today