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Old 03-28-2018, 11:48 AM
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D. Bergin D. Bergin is offline
Dave
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Join Date: Apr 2009
Location: CT
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Quote:
Originally Posted by vintagetoppsguy View Post
I don't understand that though. If they're giving 15% in eBay Bucks, but only collecting 10% FVFs (correct me if that number is wrong), it doesn't take a genius to figure that they're losing money.

They're also collecting 10% of shipping fees and collecting monthly store fees from sellers.

Also, it's not like they're giving away straight cash. You have to put those Ebay bucks back into the system eventually, which they get a cut of again.

A Temporary slight loss leader maybe, and an injection of short term cash for the stockholder report. I think they'll be fine.

We might not be though, when they take back their pound of flesh from sellers, when the next Ebay update comes out............whenever.
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