eBay announced it invested in sports trading-card company COMC, a marketplace for collecting and selling sports cards, gaming cards, comics, and more. The two companies have entered a commercial agreement “to accelerate the growth of the trading card hobby.”
“With nearly 300 employees and over 100 million trading cards under management, COMC offers customers premium service and maximum ease to collect online. COMC’s innovative “buy now, ship later” model allows customers to collect over time while minimizing shipping costs,” it described itself in Wednesday’s announcement.
COMC CEO and co-founder Tim Getsch said, “We are excited to utilize eBay’s investment to accelerate our pace of innovation, improving the experience for our customers, employees, and partners.”
Trading cards is one of eBay’s Focus categories, and it’s become highly competitive. “COMC has a demonstrated ability to effectively manage a high volume of trading cards at multiple price points,” eBay stated. “eBay’s investment will help unlock access to new services for eBay customers, including making listing easier and more efficient.”
Last year, eBay launched the “eBay Vault,” a 31-thousand-square-foot facility where it physically stores trading cards for owners and collectors. And in October, eBay instituted a new policy that requires sellers to indicate if trading cards are “graded” or “ungraded” – they may no longer list them as “used.”
More information about COMC is available on the COMC.com About Us page.
