eBay Invests in Luxury Goods Resale Platform Cudoni

When you think about eBay, you probably don’t think about buying luxury goods from brands like Christian Louboutin, Fendi, Alexander McQueen, Celine or Valentino. However, that opinion may be about to change.

eBay is betting big on the luxury resale market with a £7.5 million ($9 million) investment in the UK-based resale platform Cudoni.