Prices on the resale market surged after the app went dark for 14 hours last week due to the ban, which has been paused by President Trump.

On eBay, smartphones with TikTok still installed fetch hundreds to thousands of dollars, with one iPhone 16 Pro Max with the app is going for $5,000 and another iPhone 16 Plus asking for over $3,000.

“The 2024 Recommerce Report shows that Canada is a top global market for “Accidental Entrepreneurs” – 42 per cent of Canadian sellers said their e-commerce activities on the platform evolved organically, and Canada actually led the way in eBay sellers who say they sell because it’s a fun hobby (31%).

Bay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

Well, to you and I, caramel is a confectionery product made by heating a range of sugars. But to eBay, Caramel is a platform that handles all the behind-the-scenes work of vehicle sales, including identity verification, paperwork, ownership transfer, financing, transportation, and more.

eBay Inc. closed 9.63% below its 52-week high of $71.52, which the company reached on January 8th.

Ebay's stock price rose nearly 10% on Wednesday — one of its largest single-day increases in years — increasing the company's market cap by about $3 billion to $33 billion.

Shares of online marketplace eBay ( EBAY 9.51%) jumped to three-year highs on Wednesday thanks to an unlikely collaboration. Meta Platforms ( META -0.81%) is facing regulatory pressure in Europe. To make life easier, it's testing eBay ads on its Facebook Marketplace. At 11 a.m. ET, eBay stock was up 11% on the news.

There's a warning to eBay, Vinted and other sellers from HMRC to submit their self-assessment, or face a fine.

Last month, online retail giant Amazon started its own “Autos” website for people to buy new vehicles from dealers (only Hyundai models to start). However, Amazon advertises that you can complete the transaction (including a vehicle trade-in) to completion and only need to pick up the car at the dealership.

Some people trying to cash in on the desperation to get back on TikTok have taken matters into their own hands.