The deal brings the myFitment corporations’ confirmed, main know-how in-house to assist prospects improve gross sales, satisfaction
SAN JOSE, Calif., Aug. 23, 2022 /PRNewswire/ — eBay Inc. (Nasdaq: EBAY), a world commerce chief that connects tens of millions of sellers and consumers around the globe, and the myFitment group of corporations (“myFitment”), a frontrunner in delivering the instruments and help to assist on-line automotive and powersports components and equipment sellers thrive, right this moment introduced that eBay has acquired myFitment. myFitment’s know-how and platform supplies highly effective, easy-to-use, and reasonably priced options that assist sellers drive gross sales and keep away from pricey returns.
This acquisition is a crucial step in rising eBay’s key components and equipment class and advancing its tech-led reimagination by bringing a beneficial, tech-based instrument in-house and making certain continued advantages for eBay sellers and consumers. myFitment’s instruments assist sellers by optimizing fitment knowledge for his or her listings, making certain prospects order the correct components and equipment for his or her car, decreasing returns and rising purchaser satisfaction.
“eBay is house to greater than half a billion components and equipment globally, starting from model new substitute components to the classic and onerous to search out. As we glance to raise the consumer expertise inside this class, it’s crucial we offer revolutionary instruments to assist customers discover the correct components on the proper worth,” mentioned Chris Prill, VP, eBay Motors. “The mixing of myFitment’s confirmed know-how marks an necessary step in eBay’s tech-led reimagination. Not solely will we optimize the itemizing course of for sellers, however we are going to supply an added layer of confidence for consumers by simplifying how they navigate stock to search out components that match their car.”
“We based myFitment to assist on-line components and accent sellers use know-how to raised join with their prospects, improve their gross sales, and develop their companies,” mentioned Brian Williams, chief working officer, myFitment. “eBay is without doubt one of the main platforms on this planet for folks trying to begin or develop their on-line enterprise, and I can consider no higher associate to assist carry our know-how to extra of the car and motorsport companies and fans now we have served for almost ten years.”
Particulars on the Transaction
eBay has acquired the myFitment group of corporations, which incorporates, amongst others, myFitment, LLC and Illumaware, LLC and the events have signed and closed the deal as of August 23, 2022. Additional particulars weren’t disclosed.
eBay Inc. (Nasdaq: EBAY) is a world commerce chief that connects folks and builds communities to create financial alternative for all. Our know-how empowers tens of millions of consumers and sellers in additional than 190 markets around the globe, offering everybody the chance to develop and thrive. Based in 1995 in San Jose, California, eBay is without doubt one of the world’s largest and most vibrant marketplaces for locating nice worth and distinctive choice. In 2021, eBay enabled over $87 billion of gross merchandise quantity. For extra details about the corporate and its international portfolio of on-line manufacturers, go to www.ebayinc.com.
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SOURCE eBay Inc.