TikTok wants to steal a key part of eBay's business
The social media giant wants to kick eBay to the curb.
For the past 30 years, people looking for rare collectibles have relied on eBay to help locate their holy grails.
While the collectible market has plenty of retail options aimed at specific collectors, such as baseball card enthusiasts, eBay continues to be a source both for popular collectibles and unusual items that fall outside those categories.
One area of collectibles that has long been lucrative for eBay, however, is the collectible sneaker market. Collectors are known for sparing no expense to snag the right pair of Jordans or Yeezys — one Sotheby's auction for a pair of the Air Jordan 13 "The Last Dance" edition went for $2.2 billion.
