I think Ebay is under a lot of pressure from competitors most of whom few on this board consider competition. Facebook for one, the volume of local sales on Facebook is enormous. Couple that with let go and similar sites and they are taking a big bite out of Ebay and they will continue to. At some point soon faceboik/ Instagram figure a way to monetize the sales probability with their own version of paypal. Bottom line more than one Gorilla in the room now. Jmho.
J
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