Content about eBay

KING OF PRUSSIA, Pa. — Godiva has signed a new multiyear agreement with eBay company GSI Commerce, which will enable the global chocolatier to leverage GSI’s omni-channel commerce, multichannel retailing and digital marketing services. 

SAN DIEGO — Online fresh flowers retailer ProFlowers is launching a ProFlowers-branded store on eBay, extending its online reach.

The new ProFlowers eBay storefront features a broad assortment of fresh flowers, plants and product bundles including vases and chocolates, much like its existing online e-commerce site. Its eBay store also prominently features a “Deal of the Week” specially priced bouquet and vase.

AUSTIN, Texas — Digital coupon site RetailMeNot has appointed Giulio Montemagno as the company's first SVP of international. He will report to COO Kelli Beougher.
 

SAN JOSE, Calif. — Global commerce platform and payments leader eBay reported double digit growth in revenue and net income for the first quarter ended March 31.

eBay reported a revenue increase of 14% to $3.7 billion, and its net income, adjusted to exclude non-recurring expenses, increased 14% to $829 million, compared to the same period in 2012.

LOS ANGELES — Virtual Piggy, an online service that allows parents to monitor their children's online shopping behavior, has appointed Iain Herd as global mobile product director.

With over thirteen years experience in product management, and seven years leading mobile initiatives at major corporations, Iain will be responsible for directing and managing Virtual Piggy’s Mobile First initiative, reporting directly to CEO and founder, Dr. Jo Webber.

SAN JOSE, Calif. — Ebay is projecting its revenue will grow by 50% over the next three years as it develops successful strategies to maintain itself as a commerce leader.

In a company-held meeting for the financial community, Ebay said it intends to drive strong continued growth in its core Marketplaces, PayPal and GSI Commerce businesses. At the same time, the company is focused on leveraging its global mobile commerce leadership and other commerce technologies to enable new experiences for consumers and retailers.

PayPal, an Ebay company, has acquired mobile app developer Duff Research, according to a reports.

The PayPal technology team will now include the Duff Research team of 18 mobile app developers will join the PayPal technology team.

The Duff Research team, according to reports, has built more than 40 apps and has won four Best of the Consumer Electronics Show awards and two technical Emmy awards. 

BELLEVUE, Wash. — Coinstar, a self-service coin-counting machine operator, has added a new feature that enables consumers to conveniently and securely add coins and paper currency into or withdraw funds from their PayPal account, as well as send money to another PayPal account. The rollout began this month in Texas, Northern California and Ohio and will continue at select kiosks throughout the year.  

DULUTH, Ga. — PayPal, an eBay subsidiary, has entered into an agreement with NCR Corp. to integrate NCR's mobile solutions for hospitality and retail with its digital payment technology.

The combination provides restaurants and retailers an easy, powerful way to offer consumers a rich mobile and digital payment experience when buying the goods and services they want.

Rockbridge Growth Equity has acquired Triad Retail Media, a 300 person digital retail media agency founded by former Procter & Gamble executive Greg Murtagh.

The acquisition is expected to be transparent to Triad’s retail clients such as Walmart, Sam’s Club, eBay, Toys "R" Us and CVS, but is expected to bring to Triad new capabilities as it benefits from Rockbridge’s ownership interest in other companies.

SAN JOSE, Calif. — eBay has eliminated approximately 325 jobs from its PayPal division. As a result, the company has announced a planned fourth quarter pretax restructuring charge of approximately $15 million related to staff reductions at the company's PayPal business unit. PayPal also is ending contracts with approximately 120 contractors globally.

SAN JOSE, Calif. — Revenue at eBay rose 15% to $3.4 billion for the third quarter ended Sept. 20 from the the same period last year. The company reported third quarter net income on a GAAP basis of $597 million, or 45 cents per diluted share, and non-GAAP net income of $718 million, or 55 cents per diluted share. GAAP and non-GAAP net income were up 22% and 14%, respectively, year over year due primarily to strong top-line growth.