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eBay Invests in Sneaker Authentication

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

eBay is getting serious about sneaker resale. The online marketplace entered into a definitive agreement last week to acquire Sneaker Con’s authentication business. eBay did not disclose any further details about the transaction, except to say that it was signed and closed Nov. 24. The deal arrived more than a year after eBay—with the help…

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