November 21, 2013
Today marks a new chapter in the evolution of Magento. What started out as a simple vision to enable retailers to drive online sales has evolved into the world’s leading ecommerce platform. We are proud of what we have accomplished as an ecosystem and we are excited about our future as we continue to transform the retail landscape.
Today, we’re announcing that Magento has become part of eBay Enterprise. By combining the extensive capabilities of our leading organizations, we are bringing the ecommerce technology, multichannel operations and marketing services capabilities of eBay Inc. together under one umbrella. Moving forward, retail and brand partners of all sizes will find an unmatched portfolio of offerings that seamlessly deliver integrated commerce solutions to drive their revenue and growth. For Magento, it’s business as usual.
The organization will report into Mark Lavelle, who was most recently Senior Vice President for Strategy and Business Development at eBay Inc. Mark has particular talent in imagining the future of online commerce, developing thoughtful strategy and finding untapped business value in new areas, something we know all of us will benefit greatly from. Mark will report directly into Chris Saridakis, President of eBay Enterprise.
We’re excited about the future of our combined organizations. In the coming months, you will be hearing more about how we plan to deliver more ways for our clients to compete and win in the ever-changing retail landscape.
COO and Co-founder