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eBay Inc. Launches World's First Open Commerce Ecosystem

Wednesday, October 12, 2011 2:05 PM

At its Innovate Developer Conference 2011, eBay Inc. unveiled X.commerce, an open commerce ecosystem focused on arming developers and merchants with the technology tools needed to define the future of commerce.

"We expect technology to change commerce more in the next three years than in the past 15," said John Donahoe, President and CEO, eBay Inc. "This creates a tremendous global opportunity for developers and merchants alike. With X.commerce we've created an open ecosystem that is the most complete set of commerce capabilities on the planet. Through X.commerce, developers will be the driving force behind the next wave of retail innovation."

X.commerce brings together the technology assets and developer communities of eBay, PayPal, Magento and partners, to further expand on eBay Inc.'s mission of enabling commerce. X.commerce gives developers and merchants all the technologies necessary for commerce in an open and accessible format — from shopping carts, to payment services, inventory management, marketplace integrations, tax management and beyond.

A Changing Retail Environment

The way consumers shop is fundamentally changing due to innovations in mobile, social, local and digital experiences. Merchants are increasingly challenged to keep pace with consumer expectations in this new retail environment. Internet and mobile technologies influence offline purchases, from barcode scanning to mobile commerce.

The X.commerce ecosystem delivers a complete set of commerce capabilities, helping merchants deliver new customer experiences.

The retail market is expected to reach $10 trillion globally by 2013.1 As a whole, the majority of commerce is conducted offline, but the line between offline and online commerce is quickly blurring.

Benefits for Developers

X.commerce gives developers the tools to create entirely new shopping solutions. The X.commerce ecosystem contains the world's first open commerce operating system, X.commerce Fabric. Via the X.commerce Fabric, developers can distribute their innovations directly to the hundreds of thousands of merchants currently in the Magento, eBay and PayPal merchant portfolio.

Benefits for Merchants

X.commerce offers the ability to quickly implement new technologies that create better experiences for customers. Merchants can deploy and integrate tools ranging from demand generation to merchandising, transactions (payments, identity, fulfillment), business management (analytics, customer service) and more.


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