Ebay Inc. shares fall 4.08% intraday as Marks & Spencer launches resale platform on eBay.
ByAinvest
Tuesday, Aug 26, 2025 1:06 pm ET1min read
EBAY--
Ebay Inc. declined 4.08% intraday, with the company launching a dedicated resale platform in partnership with Marks & Spencer Group PLC. This platform allows customers to trade in their clothing, footwear, and accessories through M&S's first online takeback scheme, while pre-loved items are available to buy on the official M&S x eBay store. The service aims to encourage customers to recycle their clothing, which could potentially drive more traffic and sales on eBay's platform.
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