Ebay, known for online marketplaces, is now targeting the lucrative secondhand luxury fashion market, expanding its consignment service to fashion apparel and fine jewelry. It has significant competitive advantages due to its international reach and scale. The company's expansion into the luxury fashion resale market positions it as a serious contender against established players such as The RealReal and Thredup. With its vast user traffic and ability to monetize across multiple categories, Ebay is likely to become a strong player in the luxury resale market.