EBay Raised $50-Million in 2009
January 7, 2010 | Read Time: 1 minute
People are buying less on eBay, but they are donating more. The online-auction site reports that its Giving Works program raised $50-million for nonprofit groups in 2009, a 17-percent increase over 2008. At the same time, sales on the Web site were dropping.
Through eBay’s giving effort, sellers can designate a charity to receive a portion of their sales; buyers can choose to give when they make a purchase; and charities can use the site to sell goods.
While the overall amount raised this year was significant, individual donations made through the site tend to be tiny. The average donation this year was $2.28, a drop from $4.08 in 2008.
