eBay removes selling fees for UK C2C sellers across all categories except motors

EBAY INC

Selling fees eliminated for C2C domestic transactions in UK, excluding motors; follows earlier apparel fee removal.
Enhancements include streamlined listing, simple delivery, revamped local pickup, and eBay Balance wallet.
Company plans to introduce a buyer-facing fee in UK in early 2025 alongside buyer enhancements.
CEO cites success of similar Germany initiative that improved NPS/CSAT and preceded GMV improvement.
Move was contemplated in Q2 2024 financial outlook; more details at Q3 2024 earnings.

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