Entreprenuernewsnetwork

eBay acquires TCGplayer, a growing trading card marketplace

eBay Inc., a global commerce leader that connects millions of buyers and sellers around the world, today announced it has completed its acquisition of TCGplayer, a trusted marketplace for collectible card game enthusiasts, for a total deal value of up to approximately $295 million.

This acquisition complements eBay’s focus category strategy and builds on its offerings to bring even more selection to enthusiasts. By combining eBay’s 26 years of experience and commitment to the trading cards category with TCGplayer’s expansive ecommerce platform and strategic omnichannel capabilities like order fulfillment and cart optimization, eBay and TCGplayer will enhance the overall collecting experience for customers. Sellers will be able to bring physical supply online and create customizable webstores, and with TCGplayer, they can rapidly upload, sort and identify large catalogs.

By joining forces with TCGplayer, eBay has even more ways to connect brick-and-mortar hobbyists and sellers with passionate collectors around the world,” said Dawn Block, VP of Collectibles at eBay. “Our two companies share similar values and a deep commitment to the collectibles community, and together we will continue delivering best-in-class experiences for our customers.”

I look forward to working with eBay to improve the collecting experience online and in everyone’s favorite local hobby store,” said Chedy Hampson, Founder and CEO of TCGplayer. “We will benefit from eBay’s decades of industry experience, coupled with powerful technology solutions, a shared vision, common core values, and a deep commitment to the collectibles community. Thank you to the teams at TCGplayer and eBay for your incredible work, which got us to this milestone.”

TCGplayer will continue to operate autonomously as one of the largest online marketplaces for trading card games. Today, TCGplayer employs more than 600 team members, serving millions of hobbyist buyers, and tens of thousands of online sellers and brick-and-mortar retailers through the TCGplayer Marketplace and its Authentication Center.

Over the past two years, eBay has introduced significant products and enhancements that are important for buyers and sellers in the trading cards and collectibles category. With recent launches like eBay vault, the company is delivering a more seamless experience – offering benefits like instant transfer, authentication, insurance, affordable shipping and a tax-free storage location – and giving collectors peace of mind and unprecedented control over their assets.

Leave a Comment