Future of eBay | Quantumrun

Future of eBay

eBay Inc. is an e-commerce corporation with global operations. It facilitates online consumer-to-consumer and business-to-consumer sales transactions. It is headquartered in San Jose, California. eBay was established in 1995 by Pierre Omidyar and became a notable success story of the dot-com bubble. It is a multibillion-dollar business today with operations in about 30 nations.

Home Country: 
United States
Industry: 
Internet Services and Retailing
Industry vulnerability to disruption: 

<p>Belonging to the retail sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, omnichannel is inevitable. Brick and mortar will merge completely by the mid-2020s to a point where a retailer’s physical and digital properties will complement each other’s sales.<br />
*Pure e-commerce is dying. Starting with the clicks-to-bricks trend that emerged in the early 2010s, pure e-commerce retailers will find that they need to invest in physical locations to grow their revenue and market share within their respective niches.<br />
*Physical retail is the future of branding. Future shoppers are looking to shop at physical retail stores that offer memorable, shareable, and easy to use (tech-enabled) shopping experiences.<br />
*The marginal cost of producing physical goods will reach near zero by the late-2030s due to significant oncoming advancements in energy production, logistics, and automation. As a result, retailers will no longer be able to effectively outcompete each other on price alone. They will have to re-focus on brand—to sell ideas, more so than just products. This is because in this brave new world where anyone can practically buy anything, it’s no longer ownership that will separate the rich from the poor, it’s access. Access to exclusive brands and experiences. Access will become the new wealth of the future by the late 2030s.<br />
*By the late 2030s, once physical goods become plentiful and cheap enough, they will be viewed more as a service than a luxury. And like music and film/television, all retail will become subscription based businesses.<br />
*RFID tags, a technology used to track physical goods remotely (and a technology that retailers have used since the 80s), will finally lose their cost and technology limitations. As a result, retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, enabling the enhanced inventory awareness that will result in a range of new retail technologies.</p>

Total patents held: 
1 270
Number of patents field last year: 
1
Ranking List: 
144
Ranking List: 
2017 Quantumrun Global 1000
95
Ranking List: 
2017 Quantumrun US 500
13
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.43
Market country 
Germany
Revenue from country 
0.15
Market country 
United Kingdom
Revenue from country 
0.15
Prod/Serv name revenue: 
Prod/Serv name: 
Marketplace
Prod/Serv revenue: 
6107000000
Prod/Serv name: 
Stubhub
Prod/Serv revenue: 
937000000
Prod/Serv name: 
Marketing services
Prod/Serv revenue: 
1935000000
Founded: 
1995
Global brand rank: 
148
Company Name: 
eBay
Sector: 
Revenue: 
8979000000
3y average revenue: 
8787000000
Operating expenses: 
4647000000
3y average expenses: 
4640666667
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
12600
Domestic employee count: 
6600
Number of domestic locations: 
1
Funds in reserve: 
1816000000
create term: 
#144 | 2017 Quantumrun Global 1000
#95 | 2017 Quantumrun US 500
#13 | 2017 Quantumrun Silicon Valley 100

eBay Inc. is an e-commerce corporation with global operations. It facilitates online consumer-to-consumer and business-to-consumer sales transactions. It is headquartered in San Jose, California. eBay was established in 1995 by Pierre Omidyar and became a notable success story of the dot-com bubble. It is a multibillion-dollar business today with operations in about 30 nations.

Home country:
United States
Sector:
Technology
Industry:
Internet Services and Retailing
Website:
Founded:
1995
Global employee count:
12,600
Domestic employee count:
6,600

Financial Health

Revenue
$8,979,000,000 USD
3y average revenue
$8,787,000,000 USD
Operating expenses
$4,647,000,000 USD
3y average expenses
$4,640,666,667 USD
Funds in reserve
$1,816,000,000 USD
#1 Market country
United States
% of revenue from country #1
0.43%
#2 Market country
Germany
% of revenue from country #2
0.15%
#3 Market country
United Kingdom
% of revenue from country #3
0.15%

Asset Performance

#1 Product/Service/Dept. name
Marketplace
#1 Product/Service revenue
$6,107,000,000 USD
#2 Product/Service/Dept. name
Stubhub
#2 Product/Service revenue
$937,000,000 USD
#3 Product/Service/Dept. name
Marketing services
#3 Product/Service revenue
$1,935,000,000 USD

Innovation assets and Pipeline

Global brand rank
148
Total patents held
1,270
Number of patents field last year
1
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the retail sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, omnichannel is inevitable. Brick and mortar will merge completely by the mid-2020s to a point where a retailer’s physical and digital properties will complement each other’s sales.

*Pure e-commerce is dying. Starting with the clicks-to-bricks trend that emerged in the early 2010s, pure e-commerce retailers will find that they need to invest in physical locations to grow their revenue and market share within their respective niches.

*Physical retail is the future of branding. Future shoppers are looking to shop at physical retail stores that offer memorable, shareable, and easy to use (tech-enabled) shopping experiences.

*The marginal cost of producing physical goods will reach near zero by the late-2030s due to significant oncoming advancements in energy production, logistics, and automation. As a result, retailers will no longer be able to effectively outcompete each other on price alone. They will have to re-focus on brand—to sell ideas, more so than just products. This is because in this brave new world where anyone can practically buy anything, it’s no longer ownership that will separate the rich from the poor, it’s access. Access to exclusive brands and experiences. Access will become the new wealth of the future by the late 2030s.

*By the late 2030s, once physical goods become plentiful and cheap enough, they will be viewed more as a service than a luxury. And like music and film/television, all retail will become subscription based businesses.

*RFID tags, a technology used to track physical goods remotely (and a technology that retailers have used since the 80s), will finally lose their cost and technology limitations. As a result, retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, enabling the enhanced inventory awareness that will result in a range of new retail technologies.