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Tag: marketplaces

  • eBay Expects To Grow Revenue By 50 Percent In 2015

    eBay Expects To Grow Revenue By 50 Percent In 2015

    Earlier this year, eBay posted revenue growth of 21 percent year-over-year. Over the next three years, it hopes to increase revenue even more.

    In a meeting with investors, eBay announced that it plans to continue growing through 2015 thanks to a “commerce revolution.” This revolution will be spearheaded by the transition to mobile as more and more people take to the Web to buy and sell.

    “Led by mobile, a commerce revolution is under way,” said eBay Inc. President and CEO John Donahoe. “Technology is creating a new web-enabled retail interface, a new seamless, multiscreen commerce experience that connects consumers anytime, anywhere. This will expand shopping beyond conventional store environments and e-commerce sites. How we shop is being transformed, and eBay Inc. intends to be a leader in this new commerce world.”

    This outlook is not only good for investors, but for the millions of people who sell on eBay. In fact, the company thinks it will enable $300 billion of global commerce in 2015, compared to $175 billion in 2012. It also hopes to grow its revenue from by over 50 percent to $21.5 billion in 2015.

    So, how is eBay going to do this? The company has a three pronged approach:

  • An expanded addressable market. eBay Inc. is no longer just an e-commerce company, but a global commerce leader, Donahoe said. That means the company now has growth opportunities across the estimated $10 trillion commerce market.
  • Mobile commerce leadership and innovation. eBay Inc.’s mobile innovation capabilities across all operating systems and devices are a competitive advantage, Donahoe said. In 2013, the company expects to generate $20 billion of mobile commerce and payments volume.
  • A strong portfolio of technology assets and capabilities. The company’s core businesses and assets well position eBay to capitalize and win in the new commerce environment.

    • As for other eBay properties, the company expects its Marketplaces business to reach revenues of $11.5 billion in 2015, or a 14 percent compound annual growth rate. PayPal is also expected to reach revenue growth of $10.5 billion, or a 22 percent compound annual growth rate.

  • Facebook Launches an Anti-Virus Marketplace

    Facebook has announced a new security initiative that includes partnerships with well-known security companies and an anti-virus marketplace where Facebook users can download free anti-virus software. The announcement came as a note on the Facebook Security Facebook page.

    The companies that Facebook has partnered with are Microsoft, McAfee, TrendMicro, Sophos, and Symantec. Facebook will incorporate the malicious URL databases from these companies into their own URL blacklist system, which is in place to prevent spam and malicious content links on Facebook.

    Facebook has also introduced the new Facebook Anti-Virus Marketplace that allows Facebook users to download free anti-virus software from each of the companies. Though the downloads are full versions of the software, users only receive a six-month license to use it.

    A six-month license means this initiative seems more like an advertising partnership with these companies than a selfless giveaway for users’ protection. Things especially begin to smell of an ad campaign when you realize the company whose software you’ve chosen must be “liked” by you on Facebook to start the download. It’s also odd that Microsoft Security Essentials, which is already free for Windows users, is in the marketplace alongside Norton AntiVirus and McAfee.

    The partner companies will also be promoting security safety (and presumably their products) on the Facebook Security Blog. From the blog:

    Additionally, we are excited to welcome these companies to the Facebook Security Blog, where they will provide important educational materials to help those who use our site keep themselves, and their data, safe. Remember to Like the Security Page to make sure you receive these updates.

    What do you think? Is Facebook sincerely helping users avoid infections and malware? Should Facebook be promoting free alternatives instead of trials for these anti-virus options? Leave a comment below and let me know.