In January, the company expanded its authentication service to include support for authenticating valuable trading cards worth at least $750.
“With eBay’s support, we will advance our purpose, and expand our tools and services to improve the collecting experience online and in your favorite local hobby store,” Hampson said in the press release.ĮBay has long been a place for trading card enthusiasts to buy and sell, and the company has recently been working to solidify its place in the market. He also said the company will keep its headquarters in downtown Syracuse after the deal closes. Hampson noted that he will remain in his position as CEO of TCGplayer. In a statement, TCGplayer founder and CEO Chedy Hampson said the acquisition will give the company a chance to benefit from eBay’s industry experience and resources while TCGplayer continues to operate independently. “eBay has always fueled our customers’ passion in this space and facilitated connections between buyers and sellers, and with TCGplayer, we can enhance the customer experience across categories, forge even more relationships, and cater to enthusiasts around the world.” “eBay continues to build on our 26 years of experience in trading cards, powering local hobby stores and Main Street retailers to deliver an online destination that collectors love,” said Dawn Block, the vice president of Collectibles at eBay, in a press release. TCGplayer, which currently employs more than 600 people, will continue to operate autonomously following the acquisition. EBay says the acquisition furthers its commitment to trading card enthusiasts and also noted that trading cards are currently showing “substantial growth.”įounded in 2008, TCGplayer has grown from Syracuse-based hobby stores into an e-commerce platform. The deal is subject to customary closing conditions and is expected to close in the first quarter of 2023. EBay is acquiring TCGplayer, an online marketplace for collectible trading card games, in a deal valued up to $295 million, the company announced on Monday.
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