FEATURED POSTRichard Brewer-Hay / Monday, February 6th, 2012
eBay released the below infographic this morning that uses Hunch data to see what the differences are between people who have bought or sold on eBay, and those who haven’t yet. Hunch became a part of eBay in November of last year and I’m looking forward to meeting the team in New York later this week. In the meantime, there’s lots of fun data in here (although I’m not sure why an eBay user would choose Edinburgh, Scotland over The Bahamas as a vacation destination)…
Cheers,
RBH
FEATURED POSTRichard Brewer-Hay / Friday, December 16th, 2011
eBay has partnered with national retailers like Toys “R” Us, Dick’s Sporting Goods and Aeropostale to get online shoppers like you to buy in-store. Spend $100 online and earn $10 to shop in-store.
“This innovative rewards program reflects the future of retail and the convenient, seamless shopping experience consumers are looking for,” said eBay Inc. President and CEO John Donahoe.
This partnership reflects eBay Inc.’s commitment to enabling commerce—partnering with brands, retailers and sellers of all sizes to market their inventory and empowering consumers to shop their channel of choice, whether it’s “clicks” online or “bricks” in their local neighborhoods.
eBay Holiday Rewards Program
For the last-minute shoppers out there, you can easily find – and buy – the gifts you want at a local retail store through RedLaser. Users of the app can scan or search top toys, check availability at the nearest Toys“R”Us retail location and purchase the item through PayPal, right from the palm of your hand. Shoppers can conveniently pick up their gifts in-store that same day.
Make sure to come back here to the blog and tell us about your online and in-store shopping experience this holiday season.
Cheers,
RBH
FEATURED POSTRichard Brewer-Hay / Friday, November 18th, 2011
I’m consistently amazed (and proud) of some of the initiatives that come out of our company, especially around the holidays. Earlier this week, eBay unveiled The Give-A-Toy Store in New York and San Francisco that makes it easy for shoppers to donate joy – and toys – via their mobile devices. The holiday storefronts benefit Toys for Tots and feature interactive displays of popular toys such as teddy bears and trains that represent donation amounts from $2 to $25. Window shoppers can download the eBay mobile app to scan QR codes on virtual price tags, which triggers the toys to animate and “come to life.” As donations are made to Toys for Tots, the virtual toys celebrate and express their gratitude.
Actress Debra Messing joined eBay to launch The Give-A-Toy Store in New York City, located at 35th Street & Broadway, near Herald Square. A Give-A-Toy Store also opened at 117 Post Street in San Francisco, near the busy Union Square shopping district. Both locations will be open for enjoyment and charitable window shopping through December 9th. Here is some behind-the-scenes footage of the launch…
Shoppers not in New York or San Francisco are able to experience the Give-A-Toy Store and make donations by visiting http://www.eBay.com/GiveAToyStore. Facebook users are also invited to interact with the Give-A-Toy Store on Facebook, through the Build a Toy campaign that allows fans to customize a virtual toy at Facebook.com/eBay. eBay will donate $1 for every toy customized, up to $50,000.
Cheers!
RBH
FEATURED POSTRichard Brewer-Hay / Wednesday, October 19th, 2011
eBay Inc. today reported that revenue for Q3FY11, increased 32% to $3.0 billion, compared to the same period of 2010. We recorded Q3 net income on a GAAP basis of $490.5 million, or $0.37 per diluted share, and non-GAAP net income of $628.2 million, or $0.48 per diluted share. The year-over-year increase in third quarter GAAP and non-GAAP earnings per diluted share was driven primarily by solid top-line growth, partially offset by continued investment in key strategic initiatives and the impact of acquisitions.
PayPal
PayPal ended the quarter with 103.0 million active registered accounts, a 14% increase year over year. PayPal revenue increased 32% year over year and PayPal’s net total payment volume (TPV) grew 31% to $29.3 billion in Q3 compared to the same period of last year. PayPal expects to generate more than $3.5 billion in mobile TPV in 2011, up from $750 million in 2010.
eBay Marketplaces
The Marketplaces business also delivered a strong Q3. Gross merchandise volume (GMV) excluding vehicles increased by 16% year over year to $14.7 billion. U.S. GMV excluding vehicles increased 14% year over year. International GMV excluding vehicles increased 18% year over year to $9.1 billion, reflecting solid growth in Europe, continued improved performance in Korea, as well as a positive impact from foreign exchange.
eBay expects to generate almost $5 billion in mobile GMV in 2011, more than double mobile GMV in 2010.
The company’s GSI business, which was acquired in the second quarter of 2011, contributed $202.6 million in revenue for the third quarter.
Business Outlook
• Fourth quarter 2011 — eBay expects net revenues in the range of $3,200 – $3,350 million with GAAP earnings per diluted share in the range of $1.47 – $1.53 and non-GAAP earnings per diluted share in the range of $0.55 – $0.58. GAAP earnings per diluted share includes the gain from the sale of our remaining equity interest in Skype.• Full year 2011 — eBay now expects net revenues in the range of $11,500 – $11,600 million with GAAP earnings per diluted share in the range of $2.42 – $2.48 and non-GAAP earnings per diluted share in the range of $1.98 – $2.01. GAAP earnings per diluted share includes the gain from the sale of our remaining equity interest in Skype.
There are a number of options for you to get more information around today’s earnings announcement. You can listen along to the live eBay earnings call. You can follow along with my tweets in real-time, beginning at 2pm PT.
You can access the full Q3 eBay earnings announcement.
For folks interested in following the entire conversation on StockTwits, go to http://stocktwits.com/symbol/EBAY.
Cheers,
RBH
FEATURED POSTRichard Brewer-Hay / Monday, August 29th, 2011
The XBusTour kicked off last week and I’m wondering what I have to do to hitch a ride at some point during its journey. At the very least, I cant wait to catch up with them down in Orlando during eBay: On Location early next month.
From the X.Commerce Blog Post:
We’ll be live blogging and tweeting from the road, so you can keep up here and by following @X_Commerce on Twitter for real-time updates, videos, photos and more. You’re also invited to join the conversation by using #XbusTour on Twitter and if you happen to spot the bus out on the road, snap a photo of it and share it with us!
Don’t forget to register for the X.commerce Developer Conference, where you’ll be able to join thousands of other developers to learn firsthand how to fully utilize the X.commerce platform opportunity, along with the full range of eBay Inc. assets and technologies.
You can also track the progress and upcoming stops of the XbusTour.
FEATURED POSTRichard Brewer-Hay / Thursday, July 7th, 2011
It was announced this morning that eBay has agreed to acquire Zong and Scott Thompson, President of PayPal, just posted to the PayPal Blog about the news…
Today we announced that eBay has agreed to acquire Zong for approximately $240 million. Zong is one of the leading providers of payments through mobile carrier billing, with connections with more than 250 mobile carriers in 45 countries. Upon closing of the transaction, Zong will eventually become part of PayPal.
PayPal has 100 million active accounts; millions of people who have already trusted us to provide their digital wallets. And Zong’s expertise in carrier billing means that it has the potential to reach the more than 4 billion people around the world who have mobile phones – including people who don’t have (or choose not to use) bank accounts or credit cards online. By combining Zong and PayPal, we believe we can offer more services to more customers, ultimately bringing even more value to how people pay and get paid.
You can read more about it on the Zong blog too.
Cheers,
RBH
FEATURED POSTRichard Brewer-Hay / Thursday, February 17th, 2011
Matthew Mengerink, head of the platform team, just posted “eBay and PayPal Developer Communities Come together” to the PayPal blog.
The developer community has told us eBay and PayPal offer really powerful ecommerce and payments technology but, they are even more powerful when managed together. And, the market is evolving really fast. Online and offline commerce are converging into a “new retail” experience, powered by mobile, local, social and digital innovation. In this new environment, people want a seamless and integrated shopping and payments solution that works anytime, anywhere — on any connected device.
That makes a lot of sense to us. So, to deliver on your expectations and take advantage of all this innovation, we have decided to come together as one team to give developers one ecommerce solution – a complete approach to commerce online and offline that gives you more access, resources and support than ever before. I’m honored to now lead this newly combined open platform business, made up of the assets of both eBay and PayPal platforms.
The first indication of this joint union of developer communities is the announcement of Innovate 2011. Innovate 2011 will take place on October 12 & 13 at Moscone West in San Francisco and combines the eBay Developer Conference and PayPal’s Innovate X into one all-encompassing event.
Cheers,
RBH
FEATURED POSTRichard Brewer-Hay / Friday, January 7th, 2011
The year is a mere 7 days young and one of the eBay Ink SMSeller predictions (from @eBetsy) is already in full swing. The eBay Mobile team has been working on some new functionality for some of its applications that seems to be right out of a Sci-Fi movie. With the release of the updated eBay Fashion iPhone app today, augmented reality has become… well, a reality [groan]…
Version 1.2 of the eBay Fashion iPhone app is now live in the App store and includes a new “See It On” Sunglasses feature (requires iPhone 4 & iOS 4.0) that uses augmented reality to let shoppers virtually try on sunglasses! Here’s how it works… (More …)
FEATURED POSTRichard Brewer-Hay / Monday, November 15th, 2010
eBay is focusing on three key themes for consumers this Holiday season:
1. Shop social
2. Shop mobile
3. Shop online
I had told Addison, my 4-year old daughter, that I was anticipating a busy day at the office before I left home last Friday morning. She had told me not to worry, she had given me something for luck and gave me a kiss on the cheek as I walked out the door. It wasn’t until 1:30pm that I opened up a folder out of my bag and found a small drawing of a smiley face and a heart. Exactly what I needed to keep me going through the afternoon.
You see, whenever we have something planned here at eBay HQ it always seems to follow the rule of three (rather than have one significant activity going on, we’ll have at least three). Last Friday was no exception. I arrived at the office on Friday morning to find a film crew set up in our cafeteria, a number of trucks outside, and every large conference room on the first floor of our building was booked for the day for various activities; from a “Women in Tech” meeting to a media presentation for a number of top press representatives from the New York Times, Wall Street Journal, etc. To top it all off, we had a number of top Mom and organizational bloggers visiting that I was presenting to
later that afternoon (like they were going to learn anything from me). Needless to say, there was a lot going on.
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