eBay Company Market Research Report

Company Overview

• Name: eBay Inc.

• Mission: eBay aims to connect people and build communities to create economic opportunity for all.

• Founded: eBay was founded in September 1995.

• Founder: Pierre Omidyar

• Key People:

• Jamie Iannone, President and CEO

• Steve Priest, SVP, Chief Financial Officer

• Cornelius Boone, SVP, Chief People Officer

• Eddie Garcia, SVP, Chief Product Officer

• Julie Loeger, SVP, Chief Growth Officer

• Mazen Rawashdeh, SVP & Chief Technology Officer

• Jordan Sweetnam, SVP, Global Markets

• Samantha Wellington, SVP, Chief Legal Officer, General Counsel & Secretary

• Headquarters: San Jose, California, USA

• Number of Employees: No information is available

• Revenue: Q3 2024 Revenue of $2.6 billion

• Reputation: eBay is known for creating a global online marketplace, providing a space where buyers and sellers can engage in commerce. The company is recognized for its early engagement in sustainability and recommerce initiatives.

Products

• Marketplace Platform:

• Provides a platform for buyers and sellers to transact in more than 190 markets worldwide.

• Integrates technology for personalized buying experiences and vast inventory selection.

• eBay for Charity:

• Enables users to support charitable causes through platform transactions.

• Partners with nonprofits for unique fundraising opportunities.

• eBay Refurbished:

• Promotes the sale of pre-loved and refurbished goods, contributing to sustainability efforts.

• Products sold include smartphones, electronics, and other consumer goods, helping to avoid carbon emissions and waste.

• eBay Motors:

• Specializes in automotive-related sales including vehicles and parts.

Recent Developments

• Innovations and Tools:

• Introduction of AI-powered tools like the background removal feature to enhance listing quality.

• Launch of the Magical Bulk Listing Tool to streamline seller workflows.

• Payment Options:

• Launched "Buy Now, Pay by the Middle of the Next Month" to provide flexible payment solutions.

• Enhanced managed payments systems globally.

• New Features and Projects:

• eBay Live Shopping is introduced for real-time purchasing experiences.

• Authentication services expanded to include luxury categories such as handbags and jewelry.

• Partnerships and Acquisitions:

• Acquired companies like Certilogo to enhance digital ID technologies for pre-loved fashion.

• Collaborated with Lightsource bp for renewable energy initiatives with partners like McDonald's.

• Sustainability Efforts:

• Focus on recommerce with new investment initiatives like the Circular Fashion Fund.

• Committed to achieving 100% renewable energy usage by 2025 for data centers and offices.

• Economic Support:

• Launched campaigns like Up & Running to support small businesses with grants and educational resources.

This report reflects the emphasis on sustainability, innovation, and expansive community engagement, highlighting eBay’s strong market presence and contributions to economic opportunity.