eBay’s newest AI feature allows sellers to replace image backgrounds with AI-generated backdrops.
eBay’s background enhancement tool could benefit sellers who lack the equipment or skills to take professional-looking or high-quality photos.
It may also improve on eBay’s previous offering, which used computer vision technology to give listing photos a simple, white background.
The new AI feature is powered by the open-source model Stable Diffusion.
The latest announcement comes a year after eBay introduced an AI feature that generates titles and descriptions for a product listing.
The transactions include a trading card commercial agreement that aims to provide trading enthusiasts a seamless buying, selling, grading, and storage experience.
As part of the partnership, eBay and PSA plan to introduce a “customer-centric product experience” over the coming months.
Additionally, eBay acquired Collectors’ auction house Goldin, a significant move that will greatly benefit collectors.
eBay is also selling the eBay vault to Collectors, creating a new offering that merges the existing vault services.
Launched in 2022, the eBay vault allows collectors to store trading cards that are valued at more than $750 in a secure, temperature-controlled vault.
EBay on Tuesday launched a new generative AI-powered feature to appeal to fashion enthusiasts: a “shop the look” section within its iOS mobile app that will suggest a carousel of images and ideas, based on the customer’s shopping history.
The idea is to introduce how other fashion items may complement their current wardrobe.
“Shop the look” will appear to any eBay shopper who has viewed at least 10 fashion items over the past 180 days, the company notes.
Google last summer introduced a way for consumers to virtually try on clothes using a new AI shopping feature, for example.
“Shop the look” will initially be available on iOS in the U.S. and U.K., with support for Android coming later this year.
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions.
The company said in a blog post that it also plans to cut contract roles in the coming months.
The company’s CEO Jamie Iannone admitted that the company hired fast, but it didn’t grow enough to justify the headcount.
In Q3 2023, eBay registered $2.5 billion in revenue and $1.3 billion in profits.
The company also earned $2.2 billion by selling its equity in online ad business Adevinta to Permira and Blackstone last year.
eBay has agreed to pay a $3 million fine in connection with a corporate cyberstalking campaign targeting a Massachusetts couple in 2019.
The cyberstalking campaign was conducted by several eBay employees, some of whom were executives, who targeted the couple after they posted a newsletter that was critical of the e-commerce giant.
The cyberstalking campaign involved the employees sending the couple a bloody pig mask, a fetal pig, a funeral wreath, live insects and a book on surviving the death of a spouse.
“eBay engaged in absolutely horrific, criminal conduct,” said Acting United States Attorney Joshua S. Levy in a press release.
“The company’s conduct in 2019 was wrong and reprehensible,” said eBay CEO Jamie Iannone in the press release.
