EBay Makes First Acquisition Since PayPal Split With Purchase Of Consignment Startup Twice

A Twice employee detailing an item for sale. (Photo credit: Twice)EBay EBAY -132.46% just made its first big deal since the company’s split withPayPal . An eBay spokesperson confirmed that the e-commerce giant has acquired the secondhand clothing startup, Twice.
“With billions of dollars worth of unwanted and unused items in people’s possession, eBay is focused on unlocking the value of that inventory,” Jordan Sweetnam, Vice President of Seller Experience at eBay, said in an email. see more…

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