‘How eBay Turned Around a Dying Business’ – ‘ReadWriteWeb’
The latest post on ‘ReadWriteWeb’ is titled “How eBay Turned Around a Dying Business (Secret Word: Mobile)”.
Kevin Kelleher says, “As Yahoo plots a new course under CEO Marissa Mayer, it may want to study what’s happened with eBay in recent years. After a long and dicey effort, the online retailer has pulled off a rarity in the Internet industry: It turned around a business that many critics has written off as dying. Here’s how a combination of bold product redesign and mobile innovation did the trick.
eBay used to be among the Internet’s walking wounded. The company’s stock, having soared to $59 a share in 2004, fell to $26 in early 2008, when CEO John Donahoe replaced Meg Whitman”.
How eBay Turned Around a Dying Business (Secret Word: Mobile)
ReadWriteWeb
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