By Sara Gilbert
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Extra resources for eBay
One. 7 million in revenue. At the time of her departure, eBay employed more than 15,000 people and topped $7 billion in revenue. “Meg’s passion for all things eBay changed the world,” said Omidyar, who continued as chairman of the board. ” t h e s t o r y o f e b a y Meg Whitman left eBay in 2008; in 2009, she began campaigning to become governor of California e b a y changing of the guard b u i l t f o r s u c c e s s page 40 John Donahoe, who had joined eBay in 2005 as the president of eBay’s Marketplaces, which handled all of the site’s e-commerce, was named the next CEO.
Part of that August party was devoted to sharing upcoming plans with buyers and sellers, including the implementation of expanded loyalty programs such as eBay Bucks, which would give buyers site credit for a percentage of every qualified purchase. But Donahoe also talked about the company’s plans to evolve from a site known primarily for its auctions to more of an online retailer poised for growth. With only five percent of retail dollars spent online as opposed to in physical stores, Donahoe saw opportunity for expansion as a retailer of the products people need.
The company invited its users—which at the time hovered around 181 million worldwide—to come celebrate at its annual user conference, eBay Live! More than 10,000 showed up at the party in San Jose, where they were treated to a barbecue feast and a private concert by the musical group The B-52s. But eBay had more to celebrate in 2005 than turning 10. com, a leader in online comparison shopping that allowed users to view prices from different retailers; and Skype, a global communications company that allowed users around the world to talk to each other over the Internet.