eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency

eBay Inc.
Link: https://www.ebayinc.com/stories/news/ebay-opens-store-in-nyc-that-accepts-pre-owned-luxury-as-currency/

Ebay smells blood in the water with TheRealReal. Why else would they be doing this?

They have so much free cash to be able to take some risks even in a segment that people refuse to associate with ebay.

Provenance? Counterfeit detection?

I guess that remains to be seen! eBay does have authentication experts, but hard to be expert at everything.

Has eBay not done this a few times? How does this shop move the needle for them? If this was in multiple cities I would be more interested.