“ The number of self-made millionaires on eBay has soared this year as online sellers flogged books, beekeeping equipment and even lingerie – cashing in on new trends in “lockdown spending”.
There are now 1,058 eBay sellers with an annual turnover of at least £1m, up from 782 in 2019, a 35pc jump.
The online retail giant said there was a 250pc rise in people signing up the site during lockdown between March and July, compared with last year. Furloughed, cash-strapped and newly redundant workers turned to side-hustles and business ventures in a bid to boost income.
It predicted that the worsening economic climate would continue to fuel a rise in online start-ups looking for new ways to make money and replicate the success enjoyed by established sellers.
Janine Dutton, 44 and from West Yorkshire, started her women's underwear business Belle Lingerie on eBay in 2003. She set up on her own to have more time with her three children. Today, the business sells anything and everything, making millions in annual turnover and employs 20 staff.”
Number of eBay millionaires soars as sellers cash in on lockdown
1000 years of this and MF will finally make enough to get back to drinking shandy in the Concorde Room!
There are now 1,058 eBay sellers with an annual turnover of at least £1m, up from 782 in 2019, a 35pc jump.
The online retail giant said there was a 250pc rise in people signing up the site during lockdown between March and July, compared with last year. Furloughed, cash-strapped and newly redundant workers turned to side-hustles and business ventures in a bid to boost income.
It predicted that the worsening economic climate would continue to fuel a rise in online start-ups looking for new ways to make money and replicate the success enjoyed by established sellers.
Janine Dutton, 44 and from West Yorkshire, started her women's underwear business Belle Lingerie on eBay in 2003. She set up on her own to have more time with her three children. Today, the business sells anything and everything, making millions in annual turnover and employs 20 staff.”
Number of eBay millionaires soars as sellers cash in on lockdown
1000 years of this and MF will finally make enough to get back to drinking shandy in the Concorde Room!
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