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EBAY Jan 2025 75.000 call

OPR - OPR Delayed Price. Currency in USD
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0.3900+0.1000 (+34.48%)
At close: 03:43PM EDT
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  • Reuters

    Rakuten, eBay team up to test US market for used Japanese fashion goods

    Japan's Rakuten Group is partnering with eBay to test U.S. demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low. The tie-up, which started on May 8 with just seven vendors on Rakuten's second-hand goods unit Rakuma, aims to capitalise on the currency effect and also a move toward bargain hunting as cost-of-living pressures around the world crimp spending. In exchange for commissions on sales, eBay lists Rakuma's selected goods for sale on its site, while a Rakuten-contracted vendor handles shipping and customer service in the U.S.