Why EBay CEO Devin Wenig Is Stepping Down

The video discusses eBay's financial challenges, including pressures from activist investors to sell parts of the company like StubHub and classifieds. It highlights the lack of growth since the PayPal split and compares eBay's market strategy to Amazon's. The role of interim CEO Scott Schenkel is examined, questioning whether eBay will focus on breaking up or revitalizing the company. eBay's niche market strategy is contrasted with Amazon's commodity approach, emphasizing delivery challenges and market competition.

What are activist investors pressuring eBay to do?

• Merge with Amazon

• Sell StubHub and the classifieds business

• Increase advertising budget

• Launch a new product line

What was a key reason for the lack of growth at eBay after the PayPal split?

• Successful synergies with StubHub

• A strong focus on local markets

• A surge in new user registrations

• Increased competition from Amazon

What was one of Devin Wenig's goals as CEO of eBay?

• To merge with PayPal again

• To focus solely on second-hand goods

• To rebrand eBay as a place to buy new items

• To transform eBay into a luxury brand

What is a major challenge eBay faces in competing with Amazon?

• Higher prices

• Lack of a mobile app

• Limited product categories

• Slower delivery times

How does eBay try to differentiate itself from Amazon?

• By offering same-day delivery

• By providing free shipping on all items

• By selling only new products

• By focusing on niche markets for enthusiasts