eBay lowers listing fees

In response to slowed growth, the company lowers listing and other fees.

As expected, eBay has lowered fees for listing items to sell and adjusted other fees in response to a slowdown in sales activity on the online auction site. The company also said on Tuesday that it is raising its commission for items that sell, which reduces the risk for sellers in the event an item does not sell, and is offering a free gallery picture with each listing.

Last week, eBay announced that Chief Executive Meg Whitman would step down after 10 years at the helm to make way for fresh leadership. She is being replaced by John Donahoe, head of eBay Marketplaces.

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