eBay CEO: Israel helps drive eBay's innovationSep. 12, 2012
Speaking at the HTIA2012 high-tech conference in Jerusalem, eBay CEO John Donahoe said that the Israel R&D centers of the e-commerce giant and its subsidiary PayPal will continue to help drive the company’s innovation in commerce and payment in the foreseeable future.
Donahoe praised the role eBay’s and PayPal’s Israel R&D centers have played in helping drive the commerce revolution. These centers are based mainly on Israeli start-ups acquired by the commerce giant, including shopping.com, The Gifts Project and Fraud Sciences. The centers have 340 employees and work on everything from eBay’s global social activities to cataloguing and data, to search mechanisms as well as security and risk management. Donahoe said, “What they like is to innovate at scale - creating exciting entrepreneurialism and putting them on global platforms.“
Donahoe said that he is looking forward to partnering with more Israeli entrepreneurs to help further spur the future of retail and commerce
He said, “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,” Donahoe added that eBay has focused the company on enabling that future.
For the full Globes item, see:http://www.globes.co.il/serveen/globes/docview.asp?did=1000784478&fid=1725
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