FMCG News South Africa

eBay's Donahoe era: Rough weather ahead?

eBay is facing multiple challenges as its new CEO, John Donahoe, takes the reins from Meg Whitman. The company is dealing with some sellers drifting away, the growing shadow of Google and the looming presence of Amazon.com and other competitors.

While Yahoo staves off a takeover bid from Microsoft - and Microsoft braces for life after Bill Gates - another high-tech pioneer is at a digital crossroads.

As eBay readies for the post-Meg-Whitman era, and new CEO John Donahoe takes over, it faces fierce challenges in a Web 2.0 era defined by armies of agile competitors.

Running eBay could be a daunting task. The former dot-com darling has lost some of its luster and is reinventing itself to reverse years of slowing growth in its auction marketplace, where millions trade online selling to the highest bidder or at a fixed price.

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