New eBay Mobile Data Announced at CES & Nov/Dec eBay Update
Today, eBay CEO John Donahoe confirmed eBay as a mobile commerce leader during his keynote at the CEA Leaders in Technology dinner at CES. Donahoe announced that eBay reached $5 billion in mobile GMV and PayPal reached $4 billion in mobile payment volume in 2011. EBay is continuing to drive the next generation of commerce in a new retail environment, where lines between online and offline commerce are blurring.
Donahoe highlighted the evident disappearance of past distinctions between online and offline commerce creating a "new normal" for retail, in which consumers engage where, when and how they shop across channels. He notes that technology trends -- mobile, local, social, and digital - are changing how people shop and therefore how retailers must compete. As an example, eBay's RedLaser barcode scanning app was updated last fall to include integration from PayPal and Milo Local offering users the unprecedented ability to buy now for either in-store pick-up or home delivery later. Today, Donahoe announced Best Buy as RedLaser's newest partner to offer local in-store pickup. Donahoe is projecting that in 2012, eBay will reach $8 billion in mobile GMV and PayPal will reach $7 billion in mobile TPV.
eBay's 2011 Mobile Data
- eBay reached $5 billion in mobile GMV in 2011.
- eBay Mobile currently has more than 65 million downloads of eBay's mobile applications across platforms.
- More than 890,000 new eBay shoppers made their first eBay purchase through the company's mobile apps in 2011, a 113% increase year over year.
eBay Update
(November 15 - December 2011)
eBay Acquires Recommendation Engine Hunch.com
Chris Dixon's "taste graph" now in eBay's arsenal, expected to grow merchandising and relevance capabilities.
eBay Powers "Couch Commerce" with Launch of "Watch with eBay"
eBay delivers a more inspired, convenient shopping experience to help people shop when they want, where they want. Shop from favorite TV shows and sporting events on your iPad with the "Watch with eBay" app. Check out the eBayInk blog post to read more.
Scan, find, pay, and skip the lines using your phone - all with the combined powers of Milo, PayPal and RedLaser.
Two eBay Staffers Make Silicon Valley's 40 under 40 List
Dane Glasgow and Rob Veres named rising stars.
eBay's Annual "Top Shopped" Report
Third annual list reveals pop culture moments that inspired shoppers most in 2011. Check out the infographic and blog post to read more.
eBay Celebrity Auction: Sketch of Lady Gaga by Tony Bennett
$30,000 winning bid on unique shopping destination benefits Exploring the Arts and the Born This Way Foundation.
SPECIAL SECTION: Holiday Season
eBay Inc. Holiday Data
- Thanksgiving, Black Friday and Cyber Monday
- eBay Mobile: U.S. shoppers spent 2.5x more via eBay Mobile on Cyber Monday vs. 2010.
- PayPal Mobile: Six-fold increase in global mobile payment volume on both Cyber Monday and Black Friday vs. 2010.
- GSI Commerce: Four-fold increase in U.S. mobile sales on Cyber Monday vs. 2010.
- Shoppers were quick to scoop up holiday deals on eBay:
- Cyber Monday: Deal for a White Apple iPad 2 Wi-Fi 16GB for $449 sold out in less than two hours (more than four per minute).
- Thanksgiving: Deal for an Xbox 360 250GB Kinect Bundle for $259.99 sold out in 20 minutes (75 per minute).
- eBay sellers and GSI retailers shipped 10,562,061 packages from Black Friday through Nov. 30, enough to*:
- Fly three-quarters of the way across the U.S., from California to Chicago.
- Span 180 Golden Gate Bridges lined up end-to-end.
- Fill every seat in Dallas Cowboys Stadium ... 22 times.
- Stack Chicago's Willis Tower (formerly Sears Tower) on top of itself ... 556 times.
- * Based on a USPS Medium Flat Rate Box measuring 11" x 8-1/2" x 5-1/2".
First-Ever eBay Hourly Flash Sale for the Holidays
eBay had great deals on the hottest holiday items: 24 incredible items at up to 88% off the MSRP.
eBay Promotion Rewards Online Shoppers With $10 to Spend In-Store
Shoppers earned $10 coupon to use in-store after spending $100 online at select retailers, demonstrating eBay's commitment to partnering with brands, retailers and sellers and empowering consumers to shop the channel of their choice.
