eBay's Israeli Research Centers Help It Drive InnovationSep. 12, 2012
eBay CEO John Donahoe told high tech companies in Jerusalem that eBay and PayPal R&D centers in Israel would continue to help drive the company's innovation in commerce and payment in the foreseeable future. Donahoe was speaking at the High Tech Industry Association's HTIA 2012 conference.
“I believe that we will see more change in how consumers shop and pay in the next three to five years than we've seen in the last ten to twenty,” he said.
According to the company, Donahoe said of half of offline retail transactions in the U.S., consumers accessed the web at some point in their shopping experience - “much like in the world of media, consumers want their shopping ”when they want it, where they want it, how they want it.“”
Donahoe told attendees that eBay is investing heavily in its mobile technology. Nearly one hundred million people have downloaded eBay mobile apps in the last several years, and thousands of cars are sold weekly on eBay on mobile devices alone.
Donahoe praised the role his company's Israeli R&D centers have played in helping drive the commerce revolution. Those centers are based largely on Israeli start-ups it acquired, including shopping.com, The Gifts Project and Fraud Sciences.
For the full news item on EcommerceBytes.com, see:http://www.ecommercebytes.com/cab/abn/y12/m09/i12/s01
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