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Tesco 'Bay - Tesco Marketplace ?

I have heard through the grapevine that Tesco are to provide a service with which they hope to provide a degree of rivalry to Ebay and Amazon Marketplace.

A friend of a friend said get some shares it's going to be huge and take Tesco selling in a big new direction.

I can't find any reference to it anywhere on the web, anyone know anything and if so is it worth a punt ?

Comments

  • steveE2
    steveE2 Posts: 1,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Been running since mid April doesn't seem to be a lot of interest in my opinion and very few resellers.Doubt it will ever rival the likes of Amazon/Play etc.
    http://www.tesco.com/direct/sellers/seller-directory.page
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I think it is very hard for anyone to try to displace Ebay when they have such a dominant position. As a seller I want the maximum number of buyers to see my items to get the best price. Going anywhere other than Ebay or Amazone won't give that.

    I guess you could buy shares in Tesco in the hope they recover but if they do I would guess it is from other ventures not this.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    yes, tesco is such a big company that any new venture would have to grow massively to make a noticeable impact.
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