eBay (EBAY -2.7%) shuts down Instant Sale, a service that lets users trade in electronics the...

|About: eBay Inc. (EBAY)|By:, SA News Editor

eBay (EBAY -2.7%) shuts down Instant Sale, a service that lets users trade in electronics the company then resells with the help of a third party. An eBay spokesperson suggests the company's experiments with new resale options, together with a focus on offering "simpler, easier selling experiences," were responsible. Instant Sale had produced ~4M offers since its 2011 launch. (earlier)