eBay Counters Poshmark and Suede One by Acquiring Sneaker Con Authentication Business

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The deal furthers eBay’s vertical expansion strategy in sneakers and offers customers added confidence in the purchase of high-value items eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, and Sneaker Con Digital have entered into a definitive agreement under which eBay has acquired Sneaker Con’s…

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