World of Good Inc sells brand to eBay, wholesale division acquired by GreaterGood/Charity USA


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World of Good Inc. sells brand and related assets to eBay, wholesale division acquired by GreaterGood/Charity USA. World of Good brand continues to represent sustainable shopping and market access for global artisans through E-Commerce.

World of Good Inc., a five-year-old social venture that connects artisans from developing communities with mainstream retail markets, announced today that eBay has fully acquired its brand and related assets. World of Good Inc. also announced that GreaterGood/Charity USA has acquired its wholesale division and line of designer, Fair Trade products which will be re-branded, while existing relationships with retailers and artisan partners will be maintained. The terms of the transactions were not disclosed.

eBay’s acquisition of the brand results from a two-year long collaboration between the two companies that led to the development of WorldofGood.com by eBay, the world’s largest multi-seller marketplace for socially and environmentally responsible shopping. The transaction reflects eBay’s growing commitment to engaging consumers to affect social change through sustainable commerce. It also represents World of Good’s commitment to creating the greatest market opportunity for small, Fair Trade and environmentally responsible producers around the world. The online marketplace hosts hundreds of sellers, with tens of thousands of sustainable products from 85 countries.

Further information

Categorisations

Partnership types

Doing business with the poor

Regions / countries / territories

Africa: 53 countries (show)
Americas: 51 countries (show)
Asia: 41 countries (show)

Global issues

Trade and development

Goods categories

Arts, crafts & toys

Business sectors

Retail trade