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x.commerce

Facebook, eBay unveil plans to drive future of commerce

Facebook, the world's largest social-networking platform, is tapping eBay's commerce platform to create new social shopping experiences for hundreds of millions of consumers.

Specifically, eBay is integrating Facebook's new Open Graph 2.0 functionality into its global commerce systems, which come under the umbrella of a new business unit called X.commerce, and include eBay, PayPal, and Magento (which has built shopping sites for 100,000 merchants). The news was announced at Innovate, eBay's developer conference, being held today through Friday in San Francisco.

"Facebook is now linked into the largest commerce ecosystem," Matthew … Read more

eBay CEO: We're at an 'inflection point' in commerce

SAN FRANCISCO--We will see more change in how consumers shop and pay in the next three years than what we've seen in the last fifteen, according to eBay's CEO and president John Donahoe.

"The lines between online and offline are blurring," Donahoe asserted. "What's that doing is expanding the opportunity for innovation."

eBay is trying to meet the demands of that opportunity with its new X.commerce open platform, an ecosystem made up of the online auction site and its subsidiaries. X.commerce is intended to bring together the full suite of commerce … Read more