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eBay opens virtual wine shop

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eBay, the online commerce colossus, has opened a virtual wine shop.
According to a report in AFP: The Silicon Valley-based Internet marketplace had previously offered wine for sale in the United States, but the dedicated venue at eBay.com/wine will provide a dedicated venue where oenophiles can browse vintages bases on factors such as region, price, and grape type.
“The online marketplace is offering a fresh, modern way to find the perfect bottle,” said Home and Garden Merchandising Manager, eBay, Alyssa Steele.
The website along with a partnership with Drync, a mobile application aimed at connecting wine drinkers and sellers, presented a more focused challenge to an online wine store run by Internet titan Amazon.
“The Drync-eBay collaboration marks a significant shift in the wine industry — offering real-time inventory from large and small retailers throughout the country through a marketplace that includes both in-store pickup and delivery options.” said Founder and Chief Executive, Drync, Brad Rosen.
The eBay wine shop will include auctions for rare bottles and feature guides and tips from experts. Shoppers will be able to have wine shipped to almost anywhere in the United States, depending on local and state laws, according to eBay.
The new eBay site launched with more than 10,000 different wines from some 30 countries.
BRAND HISTORY
eBay Inc (stylized as ebay since late 2012) is an American multinational corporation and e-commerce company, providing consumer-to-consumer and business-to-consumer sales services via the internet. It is headquartered in San Jose, California. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today it is a multibillion-dollar business with operations localized in over 30 countries.
The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. In addition to its auction-style sales, the website has since expanded to include Buy It Now shopping; shopping by UPC, ISBN, or other kind of SKU (via Half.com); online classified advertisements (via Kijiji or eBay Classifieds); online event ticket trading (via StubHub); and other services. It previously offered online money transfers (via PayPal), which was a wholly owned subsidiary of eBay from 2002 until 2015.
The website is free to use for buyers, but sellers are charged fees for listing items and again when those items are sold.

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