Quote:
Originally Posted by Snowman
This was in just the first 6 months of 2021. And in a growing market. They were on pace to probably do upwards of 350 million in revenue this year on ebay. You're fooling yourself if you think eBay doesn't care about that revenue.
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You might have a more compelling argument if you weren't conflating PWCCs revenue with eBay's revenue. PWCC may make $350MM in a year, but eBay only captures a small portion of that. From their 10-K:
The majority of our revenue comes from a take rate on the GMV of transactions closed on our Marketplace and StubHub platforms.