What’s in Store for EBay? Outlook Hazy | Epicenter. This is what we know about eBay’s current state of affairs based on recent news: a) CEO Meg Whitman is apparently following Mitt Romney on the campaign trail; b) John Donahoe, head of eBay’s marketplace division, has been fingered as a potential CEO successor, and he’s complaining to anyone who will listen that the site looks like a flea market; and c) eBay users are mad as hell and they’re writing to the New York Times to complain about it.
From where we’re sitting, it looks pretty chaotic. eBay’s CEO is out playing politics; one of the highest-ranking executives is publicly trashing the business; and customers are apparently planning a revolt. There are roughly 248 million registered users on eBay — and while not all of them are going to be happy, the company’s listings fell 3 percent during the first nine months of 2007, which indicates that a huge chunk of its customer base is taking its business elsewhere.
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