***eBay's Next Chapter
Here are some key excerpts published today by Devin Wenig, incoming eBay CEO, following a conference call with analysts regarding this year's first quarter report.
"eBay reported a good first quarter today...We are moving into our next phase with a solid foundation. Our 25 million sellers offer incredibly diverse selection and value through 800 million listings worldwide. Additionally, we have a global base of more than 157 million active buyers, who generate nearly $83 billion of Gross Merchandise Volume annually."
"Creating a vibrant marketplace is the core of our success.
Put simply, eBay’s consumers love to shop. We intend to make eBay the global destination for the most diverse inventory -- sourced from around the world -- at the best value. We intend to run our business more by category, finding innovative new ways to merchandise and feature sellers’ inventory.
"....ensuring a trusted marketplace is foundational, and we will invest steadily in this area. Security and trust is critical to the success of not only eBay, but also to every business on our platform."
"On the seller side, small- and medium-size merchants and brands represent 70 percent of the global retail market, offering diverse inventory and value. This is our sweet spot. We will give the businesses improved seller tools, unmatched access to data and predictable policies. Insights are key to success for sellers, and it will be a big part of the new seller experience we are creating."
"Our next strategic pillar is creating exceptional product and brand experiences.
eBay is a powerful global brand. We will further strengthen our customer connection by investing in great, simplified and engaging experiences that drive strong connections between buyers and sellers. "
"It’s time to evolve eBay’s platform and act like a platform company. We are making investments to make eBay faster, more mobile, more secure and more available...
...Going forward, we intend to play our game, and no one else’s.... It’s an incredible privilege to be eBay’s next CEO, building on our extraordinary heritage and leading this iconic brand forward. I am excited about eBay’s next chapter, and you will hear more from me in the months ahead."
***This Week At Noblespirit in a nutshell!
*This week is a dream come true for US specialist collectors, with 3 important US collections ranging in catalogue values from $16,500.00 up to $100,000.00. Added to these remarkable collections you will find a plethora of significant US classic definitives and very scarce and desirable back of the book which includeds and extensive range of MINT US officials (such as a mint set of Executives) and revenues!
*Country specialists along with world wide collectors and investors are offered what we consider some of the finest material we have assembled as a collective weekly group in recent months. There is an astounding abundance of China and PRC, a simply spectacular world class Russia and area, incredible Germany, states, and colonies, unmatched Italy, MINT British collections, Latin America Specialized, Asia and much, much more.
*Fair warning is given to investors interested in the astounding autograph lot. If it is not sold in the next 10 days, we are instructed to dis-assemble the collection and sell each specimen individually. Good news for the student, bad news for the astute speculator with a massive potential profit in mind.