SlideShare ist ein Scribd-Unternehmen logo
1 von 46
Downloaden Sie, um offline zu lesen
2007 Annual Meeting of
     Stockholders
     June 14, 2007
                         ®
This presentation contains non-GAAP measures relating to the company's performance. You can find
  the reconciliation of those measures to GAAP measures in the tables of our earnings release which is
  available through our investor relations website located at
  http://investor.ebay.com/downloads/Reconciliation.pdf.

  This presentation may contain forward-looking statements regarding matters that involve risk and
  uncertainty, including those relating to the company’s ability to grow its businesses, user base and
  user activity. Our actual results may differ materially from those discussed for a variety of reasons,
  including our increasing need in established markets to grow revenues from existing users as well as
  from new users; an increasingly competitive e-commerce environment; the complexity of managing a
  growing company with a broad range of businesses; the impact of the company’s recently announced
  pricing and product changes; regulatory, tax, and litigation risks (including financial industry risks
  specific to PayPal and risks specific to Skype’s technology and to the VoIP industry); our need to
  upgrade our technology and customer service infrastructure to accommodate growth at reasonable
  cost while adding new features and maintaining site stability; our need to successfully extend our
  platforms to new countries and new types of merchandise and sellers; foreign-exchange-rate
  fluctuations; and the impact and integration of recent and future acquisitions.

  You can find more information about factors that could affect our results in our annual report on our
  Form 10-K and our quarterly reports on Form 10-Q (available at http://investor.ebay.com). You should
  not unduly rely on any forward-looking statements, and we assume no obligation to update them.

                                                                                                               ®
                                                                                                           2
eBay Inc. - Proprietary & Confidential
eBay’s vision is to help people
everywhere connect, discover and
 interact with each other through
             commerce
Buy     Pay      Communicate



Marketplaces          Payments      Communications




   craigslist
Large and growing core business
                                                                    222
                                   Confirmed Registered Users (M)
                                                                           233M
                                                                           Q1-07
                                                56%
                                               CAGR




• 37 global markets

                             10

• $1,800 GMV per second     1999                                    2006

                                      Gross Merchandise Volume      $52B
                                                                           $14.3B
• 6.4M daily new listings                                                  Q1-07
                                                52%
                                               CAGR


• 50,000 API developers


* As of Mar 31, 2007
                            $3B

                            1999                                    2006
…Significant opportunities for growth



                                 Growing beyond GMV
      Growing GMV          +

                               • New formats
• Enhance our product
                               • New monetization models
• Improve Trust & Safety
• Extend our offering
Growing GMV: Enhance our product

Improve the Finding Experience

• New Search Results
Growing GMV: Enhance our product

Improve the Finding Experience

• New Search Results

• New Search Landing Pages
Growing GMV: Enhance our product

Improve the Finding Experience

• New Search Results

• New Search Landing Pages

• New Relevancy Based Listings Sort – Best Match
Growing GMV: Enhance our product

Improve the Shopping Experience

• Bid Assistant
Growing GMV: Enhance our product

Improve the Shopping Experience

• Bid Assistant

• Detailed Seller Ratings -

        Feedback 2.0
Growing GMV: Enhance our product

Improve the Shopping Experience

• Bid Assistant

• Detailed Seller Ratings -

        Feedback 2.0

• Improved eBay Checkout
Growing GMV: Enhance our product

Improve the Shopping Experience

• Bid Assistant

• Detailed Seller Ratings -

        Feedback 2.0

• Improved eBay Checkout

• Motors 2.0
Growing GMV: Improve Trust & Safety


   Safeguarding Member ID’s


    Selling limits on items favored
   by counterfeiters


   Enhanced buyer protection
Growing GMV: Extend our offering



• eBay Express
 • Convenience oriented buyer
 • New search engine
 • Shopping cart
Growing GMV: Extend our offering



• eBay Express

• Tickets - StubHub
  • A leading secondary tickets
    marketplace
  • Best in class buying/selling
    experience
Growing Beyond GMV

New Formats

• Shopping.com
 • 60 million products, 280 categories globally
 • The leading comparison shopping site in the
   US
 • International presence in UK, France,
   Germany and Australia




             A Better Way to Shop                 A Better Way to Sell
Growing Beyond GMV

New Formats

• Shopping.com

• Classifieds
  • Buyer appeal: Local market transactions
  • eBay c2c classifieds sites have a leading position in 21 markets
    and hundreds of cities
  • Strong growth in unique visitors
Growing Beyond GMV

New Monetization Models

• Advertising / Click to Call
• In the US:
   – Ramping up on selling our graphical inventory and have expanded
    graphical to more areas on the site
   – Increased to nearly full exposure of text ads on null search results
   – Continue to optimize ad placement on non-null search results
• Internationally:
   – Began testing text ads on both null and non null search results in Q107
Marketplaces revenue growth
                                      $1.25B
                                      Q1-07


                              $4.3B
               53%
              CAGR




 $0.2B


                              2006
  1999
Giving Works


               $100M raised
                for charity to
                    date!
The global online payments standard


• Trusted brand


• Industry leading fraud
  management


• Global reach


• Best-in-class product
Large and growing core business
                                                           133
                                       Accounts (M)
                                                                 143M
                                                                 Q1-07
                                            62%
                                           CAGR



• 36M active accounts

                             12
• $2B+ stored balances
                            2001                          2006

                                                          $38B
                                   Total Payment Volume
                                                                 $11.4B
• 177M transactions in Q1
                                                                 Q1-07
                                            57%
                                           CAGR

• 190 markets & 17
 currencies


                            $4B


                            2001                          2006
PayPal’s value proposition

                                       Merchants like PayPal…
Consumers like PayPal…
• Easy to use                          • Easy, all-in-one payment solution
• Convenient, online wallet with       • Largest consumer base, with
  multiple payment options               $2B+ in stored balances
• Secure                               • Cost-effective and competitive
                                         pricing structure
    – Protection from
    unauthorized access to
                                       • Safer, less fraudulent
    accounts
                                         transactions
    – buyer protection
                                       • Direct relationship with
• Fast, transactions only take a few     customers
  seconds
Platforms for growth



                        +   Merchant Services
   PayPal on eBay

 • Product innovation       • Product offering
 • Global expansion         • Global / merchant
                              expansion
 • New platforms
                            • Sales channels
Platforms for growth – PayPal on eBay

                                    59% of global
• Product innovation
                             addressable eBay GMV
    – Guest checkout
    – Integrated shipping
    – Market specific products
    – Improved payment flow


• Global expansion - localized 14
  sites to date
    – Language
    – Currency
    – Local banking infrastructure
    – Local regulation
Platforms for growth – PayPal on eBay

                                       26% of Skype’s
• New platforms and marketplaces      payment volume*

    – Skype
    – Shopping.com
    – Classifieds




                                   * As of March 2007
Platforms for growth - Merchant Services


•   Enhanced product offering
     – Suite of products for all merchant segments
     – Virtual terminal
     – Improved reporting tools
     – Easier integration process
Platforms for growth - Merchant Services

•   Expanding across merchant base and geographies
     – Continuing to grow sole proprietor and SMB
       markets
     – Beginning to penetrate large merchants
     – More than doubled currencies to 17 and increased
       markets to 190


•   Multiple sales channels                                         Penetration of merchants*:
                                                                                37% - SPs
     – VeriSign Payment Gateway                                                 5% - SMBs
     – Yahoo                                                            1% - large merchants

     – Paymentech
     – Direct sales


                               * US online merchants – Source:Forrester, 2006
Merchant Services becoming ubiquitous
PayPal revenue growth
                                       $439M
                                       Q1-07
                               $1.4B

             49% CAGR




     $0.4B




     2003     2004      2005   2006
Enabling the world’s conversations



• Strong brand

• Great product

• Global reach

• Thriving ecosystem
Enabling the world’s conversations
                                                                    196
                                         Registered Users (M)




• 9M+ peak online users


• 3B+ monthly call minutes
                                Q104                                Q107

                                       Skype-to-Skype Minutes (B)
                                                                     7.7
• 4.4% of total international
  long distance minutes*


• 28 languages and nearly
  every country

* 2006 Telegeography

                                Q104                                Q107
Continued product innovation…


•   Skype Send Money
•   Skype Prime
•   Skype Find
•   Video
•   SMS messaging
•   Skype Mobile
•   Skypecasts
•   Conference calls – 10 way
•   Skype for Business control
    panel
•   Phone number recognition
•   Multi-chat
•   Customization
Constantly expanding ecosystem…



                           4000+ Developers!




                                                  350+ Skype-enabled
400+ Hardware devices!
                                                     Applications!




                           Partnerships with
                         world-class companies!
… Skype is everywhere




                                                                                    Off-Desktop
                                                        On The Web                 Pocket PC, WinMobile
                             In Other                     Skype Me Buttons         Corded and Cordless
  Major Operating          Applications                    Web Presence                   Phones
     Systems              Toolbars for Internet         (e.g., Salesforce.com     Polycom speaker phone
  WinXP, MacOS, Linux   Explorer, Firefox, Outlook   Six Apart blogs, Postbank)        WiFi Phones




On your desktop           … across the internet …                                 and beyond!
Skype revenue growth

                              Tripled annual
                                 revenue

           21% CQGR    $79M




   $25M




   Q405                Q107
An incredible set of stand-alone businesses




                                 #1 in voice
   # 1 in       #1 in online
                               communications
eCommerce        payments
…Stronger as one portfolio


                       ®
Our financial model…

                        Robust
                    revenue growth


   Product
                                         Financial
                       Increase
innovation and
                                         flexibility
    scale             long-term
                     shareholder
                         value


   High operating                      Strong
      margins                        cash flows
…Strong growth

                      Op Margin             Free cash flow
Top line growth
                      Expansion              generation

                                                      $1.7B
                           +8ppts
            $6.0B                   32.8%       56%
      51%                                      CAGR
                    24.2%
     CAGR




 $0.7B                                      $0.2B


                    2001            2006    2001      2006
 2001       2006
…gives us financial flexibility

          Reinvest to expand market opportunity…
                                        Merchant Services                Communications
                  Comparison Shopping
Local Markets

                                                                                                      *




                …and return shareholder cash

                $4B Stock Repurchase over 28 months




                                                   *Skype acquisition financed with both cash and stock
Our financial outlook

                              Generate
                  Expand
Grow the
                             strong cash
                 operating
top-line
                                flows
                  margin
Our 2007 financial outlook


  Top-line                                                   Earnings per
                         Operating
  growth                                                        share
                          margin


                                                                  EPS
                           Operating
  Revenue
                            Margin
                                                              $1.30 - $1.34
$7.20 - $7.45B
                               ~33%
                                                              24% - 28%
 21% - 25%
                                                              Growth Y/Y
                         + 20 bps Y/Y
 Growth Y/Y




                 Based on guidance issued April 18th, 2007
• Incredible set of stand-alone businesses
• Strong platforms for growth
• A great business model

Weitere ähnliche Inhalte

Ähnlich wie 2007 Annual Meeting of eBay Shareholders

2011 eBay三年规划
2011 eBay三年规划2011 eBay三年规划
2011 eBay三年规划heyunlin
 
E bay 2011analystday_final2
E bay 2011analystday_final2E bay 2011analystday_final2
E bay 2011analystday_final2Marketingfacts
 
Paypal: The Global Internet Payment Network
Paypal: The Global Internet Payment NetworkPaypal: The Global Internet Payment Network
Paypal: The Global Internet Payment Networkinvestorrelation
 
Morgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail ConferenceMorgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail Conferencefinance7
 
Morgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail ConferenceMorgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail Conferencefinance7
 
Ebay Shareholders Jun 08 Final
Ebay Shareholders Jun 08 FinalEbay Shareholders Jun 08 Final
Ebay Shareholders Jun 08 Finalearningsreport
 
Credit Suisse Presentation
Credit Suisse PresentationCredit Suisse Presentation
Credit Suisse Presentationfinance48
 
Credit Suisse Presentation
Credit Suisse PresentationCredit Suisse Presentation
Credit Suisse Presentationfinance48
 
Investor Conference 2008
Investor Conference 2008Investor Conference 2008
Investor Conference 2008finance7
 
best buy FY ’03 Annual Report
best buy 	FY ’03 Annual Reportbest buy 	FY ’03 Annual Report
best buy FY ’03 Annual Reportfinance7
 
Conversion Success Stories-Chris Caputo
Conversion Success Stories-Chris CaputoConversion Success Stories-Chris Caputo
Conversion Success Stories-Chris Caputoadtech_fan
 
emerson electricl 2009 Annual Investor Conference_Monser
emerson electricl 2009 Annual Investor Conference_Monseremerson electricl 2009 Annual Investor Conference_Monser
emerson electricl 2009 Annual Investor Conference_Monserfinance12
 
wholefoodsmarket presentation_goldman09-07
wholefoodsmarket presentation_goldman09-07wholefoodsmarket presentation_goldman09-07
wholefoodsmarket presentation_goldman09-07finance44
 
Lehman Brothers Financial Services Conference
	Lehman Brothers Financial Services Conference	Lehman Brothers Financial Services Conference
Lehman Brothers Financial Services ConferenceQuarterlyEarningsReports3
 
Emerging Business Growth Breakout
Emerging Business Growth BreakoutEmerging Business Growth Breakout
Emerging Business Growth Breakoutfinance7
 
Bank of America Securities 37th Annual Investor Conference
Bank of America Securities 37th Annual Investor ConferenceBank of America Securities 37th Annual Investor Conference
Bank of America Securities 37th Annual Investor ConferenceQuarterlyEarningsReports3
 
White Cloud Presentation
White Cloud PresentationWhite Cloud Presentation
White Cloud Presentationguest460254e
 

Ähnlich wie 2007 Annual Meeting of eBay Shareholders (20)

2011 eBay三年规划
2011 eBay三年规划2011 eBay三年规划
2011 eBay三年规划
 
E bay 2011analystday_final2
E bay 2011analystday_final2E bay 2011analystday_final2
E bay 2011analystday_final2
 
Paypal: The Global Internet Payment Network
Paypal: The Global Internet Payment NetworkPaypal: The Global Internet Payment Network
Paypal: The Global Internet Payment Network
 
Q1 2009 Earning Report of Market Leader Inc
Q1 2009 Earning Report of Market Leader Inc  Q1 2009 Earning Report of Market Leader Inc
Q1 2009 Earning Report of Market Leader Inc
 
Morgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail ConferenceMorgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail Conference
 
Morgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail ConferenceMorgan Stanley Global Consumer & Retail Conference
Morgan Stanley Global Consumer & Retail Conference
 
Ebay Shareholders Jun 08 Final
Ebay Shareholders Jun 08 FinalEbay Shareholders Jun 08 Final
Ebay Shareholders Jun 08 Final
 
Credit Suisse Presentation
Credit Suisse PresentationCredit Suisse Presentation
Credit Suisse Presentation
 
Credit Suisse Presentation
Credit Suisse PresentationCredit Suisse Presentation
Credit Suisse Presentation
 
Investor Conference 2008
Investor Conference 2008Investor Conference 2008
Investor Conference 2008
 
best buy FY ’03 Annual Report
best buy 	FY ’03 Annual Reportbest buy 	FY ’03 Annual Report
best buy FY ’03 Annual Report
 
Conversion Success Stories-Chris Caputo
Conversion Success Stories-Chris CaputoConversion Success Stories-Chris Caputo
Conversion Success Stories-Chris Caputo
 
Q1 2009 Earning Report of Savvis Inc.
Q1 2009 Earning Report of Savvis Inc.Q1 2009 Earning Report of Savvis Inc.
Q1 2009 Earning Report of Savvis Inc.
 
emerson electricl 2009 Annual Investor Conference_Monser
emerson electricl 2009 Annual Investor Conference_Monseremerson electricl 2009 Annual Investor Conference_Monser
emerson electricl 2009 Annual Investor Conference_Monser
 
Q1 2009 Earning Report of Convergys Corp
Q1 2009 Earning Report of Convergys CorpQ1 2009 Earning Report of Convergys Corp
Q1 2009 Earning Report of Convergys Corp
 
wholefoodsmarket presentation_goldman09-07
wholefoodsmarket presentation_goldman09-07wholefoodsmarket presentation_goldman09-07
wholefoodsmarket presentation_goldman09-07
 
Lehman Brothers Financial Services Conference
	Lehman Brothers Financial Services Conference	Lehman Brothers Financial Services Conference
Lehman Brothers Financial Services Conference
 
Emerging Business Growth Breakout
Emerging Business Growth BreakoutEmerging Business Growth Breakout
Emerging Business Growth Breakout
 
Bank of America Securities 37th Annual Investor Conference
Bank of America Securities 37th Annual Investor ConferenceBank of America Securities 37th Annual Investor Conference
Bank of America Securities 37th Annual Investor Conference
 
White Cloud Presentation
White Cloud PresentationWhite Cloud Presentation
White Cloud Presentation
 

Mehr von Phil Wolff

A Code of Ethics for Product Managers?
A Code of Ethics for Product Managers?A Code of Ethics for Product Managers?
A Code of Ethics for Product Managers?Phil Wolff
 
Seven Reasons This Epic Training Should Matter To You
Seven Reasons This Epic Training Should Matter To YouSeven Reasons This Epic Training Should Matter To You
Seven Reasons This Epic Training Should Matter To YouPhil Wolff
 
14 OpenOakland Leadership Hacks for 2015
14 OpenOakland Leadership Hacks for 201514 OpenOakland Leadership Hacks for 2015
14 OpenOakland Leadership Hacks for 2015Phil Wolff
 
OpenOakland: 3 goals for 2014
OpenOakland: 3 goals for 2014OpenOakland: 3 goals for 2014
OpenOakland: 3 goals for 2014Phil Wolff
 
DRAFT: OpenOakland Product Selection
DRAFT: OpenOakland Product SelectionDRAFT: OpenOakland Product Selection
DRAFT: OpenOakland Product SelectionPhil Wolff
 
So Your Product Is Going To Die. Here's What Happens Next.
So Your Product Is Going To Die. Here's What Happens Next. So Your Product Is Going To Die. Here's What Happens Next.
So Your Product Is Going To Die. Here's What Happens Next. Phil Wolff
 
The Things I Don't Know about Product Retirement Could Fill A Slide Deck
The Things I Don't Know about Product Retirement Could Fill A Slide DeckThe Things I Don't Know about Product Retirement Could Fill A Slide Deck
The Things I Don't Know about Product Retirement Could Fill A Slide DeckPhil Wolff
 
What’s missing from customer service live chat?
What’s missing from customer service live chat?What’s missing from customer service live chat?
What’s missing from customer service live chat?Phil Wolff
 
Proposal: A new City of Oakland Technology Commission
Proposal: A new City of Oakland Technology Commission Proposal: A new City of Oakland Technology Commission
Proposal: A new City of Oakland Technology Commission Phil Wolff
 
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPersonal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPhil Wolff
 
The Cloud Needs An Operating System – Philip J. Windley
The Cloud Needs An Operating System – Philip J. WindleyThe Cloud Needs An Operating System – Philip J. Windley
The Cloud Needs An Operating System – Philip J. WindleyPhil Wolff
 
Johannes Ernst introduces the first Personal Clouds Community Gathering
Johannes Ernst introduces the first Personal Clouds Community GatheringJohannes Ernst introduces the first Personal Clouds Community Gathering
Johannes Ernst introduces the first Personal Clouds Community GatheringPhil Wolff
 
Why Personal Clouds Need A Network
Why Personal Clouds Need A NetworkWhy Personal Clouds Need A Network
Why Personal Clouds Need A NetworkPhil Wolff
 
What could kill NSTIC? A friendly threat assessment in 3 parts.
What could kill NSTIC? A friendly threat assessment in 3 parts.What could kill NSTIC? A friendly threat assessment in 3 parts.
What could kill NSTIC? A friendly threat assessment in 3 parts.Phil Wolff
 
Fiduciary clouds
Fiduciary cloudsFiduciary clouds
Fiduciary cloudsPhil Wolff
 
Hi! I'm Phil Wolff. And this is PDEC.
Hi! I'm Phil Wolff. And this is PDEC.Hi! I'm Phil Wolff. And this is PDEC.
Hi! I'm Phil Wolff. And this is PDEC.Phil Wolff
 
22 Ways Skype's Digital Identity System Sucks
22 Ways Skype's Digital Identity System Sucks22 Ways Skype's Digital Identity System Sucks
22 Ways Skype's Digital Identity System SucksPhil Wolff
 
Digital Signatures for use by IDA Relying Parties v102
Digital Signatures for use by IDA Relying Parties  v102Digital Signatures for use by IDA Relying Parties  v102
Digital Signatures for use by IDA Relying Parties v102Phil Wolff
 
Skype 2021: The Next 9 Years
Skype 2021: The Next 9 Years Skype 2021: The Next 9 Years
Skype 2021: The Next 9 Years Phil Wolff
 
#Portability4Trust - Personal Data Portability for Trust Frameworks
#Portability4Trust - Personal Data Portability for Trust Frameworks#Portability4Trust - Personal Data Portability for Trust Frameworks
#Portability4Trust - Personal Data Portability for Trust FrameworksPhil Wolff
 

Mehr von Phil Wolff (20)

A Code of Ethics for Product Managers?
A Code of Ethics for Product Managers?A Code of Ethics for Product Managers?
A Code of Ethics for Product Managers?
 
Seven Reasons This Epic Training Should Matter To You
Seven Reasons This Epic Training Should Matter To YouSeven Reasons This Epic Training Should Matter To You
Seven Reasons This Epic Training Should Matter To You
 
14 OpenOakland Leadership Hacks for 2015
14 OpenOakland Leadership Hacks for 201514 OpenOakland Leadership Hacks for 2015
14 OpenOakland Leadership Hacks for 2015
 
OpenOakland: 3 goals for 2014
OpenOakland: 3 goals for 2014OpenOakland: 3 goals for 2014
OpenOakland: 3 goals for 2014
 
DRAFT: OpenOakland Product Selection
DRAFT: OpenOakland Product SelectionDRAFT: OpenOakland Product Selection
DRAFT: OpenOakland Product Selection
 
So Your Product Is Going To Die. Here's What Happens Next.
So Your Product Is Going To Die. Here's What Happens Next. So Your Product Is Going To Die. Here's What Happens Next.
So Your Product Is Going To Die. Here's What Happens Next.
 
The Things I Don't Know about Product Retirement Could Fill A Slide Deck
The Things I Don't Know about Product Retirement Could Fill A Slide DeckThe Things I Don't Know about Product Retirement Could Fill A Slide Deck
The Things I Don't Know about Product Retirement Could Fill A Slide Deck
 
What’s missing from customer service live chat?
What’s missing from customer service live chat?What’s missing from customer service live chat?
What’s missing from customer service live chat?
 
Proposal: A new City of Oakland Technology Commission
Proposal: A new City of Oakland Technology Commission Proposal: A new City of Oakland Technology Commission
Proposal: A new City of Oakland Technology Commission
 
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get ProofPersonal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
Personal Data Economy Action Plan - Get Smart, Get Connected, Get Proof
 
The Cloud Needs An Operating System – Philip J. Windley
The Cloud Needs An Operating System – Philip J. WindleyThe Cloud Needs An Operating System – Philip J. Windley
The Cloud Needs An Operating System – Philip J. Windley
 
Johannes Ernst introduces the first Personal Clouds Community Gathering
Johannes Ernst introduces the first Personal Clouds Community GatheringJohannes Ernst introduces the first Personal Clouds Community Gathering
Johannes Ernst introduces the first Personal Clouds Community Gathering
 
Why Personal Clouds Need A Network
Why Personal Clouds Need A NetworkWhy Personal Clouds Need A Network
Why Personal Clouds Need A Network
 
What could kill NSTIC? A friendly threat assessment in 3 parts.
What could kill NSTIC? A friendly threat assessment in 3 parts.What could kill NSTIC? A friendly threat assessment in 3 parts.
What could kill NSTIC? A friendly threat assessment in 3 parts.
 
Fiduciary clouds
Fiduciary cloudsFiduciary clouds
Fiduciary clouds
 
Hi! I'm Phil Wolff. And this is PDEC.
Hi! I'm Phil Wolff. And this is PDEC.Hi! I'm Phil Wolff. And this is PDEC.
Hi! I'm Phil Wolff. And this is PDEC.
 
22 Ways Skype's Digital Identity System Sucks
22 Ways Skype's Digital Identity System Sucks22 Ways Skype's Digital Identity System Sucks
22 Ways Skype's Digital Identity System Sucks
 
Digital Signatures for use by IDA Relying Parties v102
Digital Signatures for use by IDA Relying Parties  v102Digital Signatures for use by IDA Relying Parties  v102
Digital Signatures for use by IDA Relying Parties v102
 
Skype 2021: The Next 9 Years
Skype 2021: The Next 9 Years Skype 2021: The Next 9 Years
Skype 2021: The Next 9 Years
 
#Portability4Trust - Personal Data Portability for Trust Frameworks
#Portability4Trust - Personal Data Portability for Trust Frameworks#Portability4Trust - Personal Data Portability for Trust Frameworks
#Portability4Trust - Personal Data Portability for Trust Frameworks
 

Kürzlich hochgeladen

Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxDrRkurinjiMalarkurin
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...Amil baba
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...Amil baba
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfSatyamSinghParihar2
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojnaDharmendra Kumar
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Commonwealth
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Amil baba
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...amilabibi1
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Amil baba
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial managementshrutisingh143670
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Precize Formely Leadoff
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxANTHONYAKINYOSOYE1
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward
 

Kürzlich hochgeladen (20)

Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdf
 
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojna
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial management
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptx
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024
 

2007 Annual Meeting of eBay Shareholders

  • 1. 2007 Annual Meeting of Stockholders June 14, 2007 ®
  • 2. This presentation contains non-GAAP measures relating to the company's performance. You can find the reconciliation of those measures to GAAP measures in the tables of our earnings release which is available through our investor relations website located at http://investor.ebay.com/downloads/Reconciliation.pdf. This presentation may contain forward-looking statements regarding matters that involve risk and uncertainty, including those relating to the company’s ability to grow its businesses, user base and user activity. Our actual results may differ materially from those discussed for a variety of reasons, including our increasing need in established markets to grow revenues from existing users as well as from new users; an increasingly competitive e-commerce environment; the complexity of managing a growing company with a broad range of businesses; the impact of the company’s recently announced pricing and product changes; regulatory, tax, and litigation risks (including financial industry risks specific to PayPal and risks specific to Skype’s technology and to the VoIP industry); our need to upgrade our technology and customer service infrastructure to accommodate growth at reasonable cost while adding new features and maintaining site stability; our need to successfully extend our platforms to new countries and new types of merchandise and sellers; foreign-exchange-rate fluctuations; and the impact and integration of recent and future acquisitions. You can find more information about factors that could affect our results in our annual report on our Form 10-K and our quarterly reports on Form 10-Q (available at http://investor.ebay.com). You should not unduly rely on any forward-looking statements, and we assume no obligation to update them. ® 2 eBay Inc. - Proprietary & Confidential
  • 3. eBay’s vision is to help people everywhere connect, discover and interact with each other through commerce
  • 4. Buy Pay Communicate Marketplaces Payments Communications craigslist
  • 5. Large and growing core business 222 Confirmed Registered Users (M) 233M Q1-07 56% CAGR • 37 global markets 10 • $1,800 GMV per second 1999 2006 Gross Merchandise Volume $52B $14.3B • 6.4M daily new listings Q1-07 52% CAGR • 50,000 API developers * As of Mar 31, 2007 $3B 1999 2006
  • 6. …Significant opportunities for growth Growing beyond GMV Growing GMV + • New formats • Enhance our product • New monetization models • Improve Trust & Safety • Extend our offering
  • 7. Growing GMV: Enhance our product Improve the Finding Experience • New Search Results
  • 8. Growing GMV: Enhance our product Improve the Finding Experience • New Search Results • New Search Landing Pages
  • 9. Growing GMV: Enhance our product Improve the Finding Experience • New Search Results • New Search Landing Pages • New Relevancy Based Listings Sort – Best Match
  • 10. Growing GMV: Enhance our product Improve the Shopping Experience • Bid Assistant
  • 11. Growing GMV: Enhance our product Improve the Shopping Experience • Bid Assistant • Detailed Seller Ratings - Feedback 2.0
  • 12. Growing GMV: Enhance our product Improve the Shopping Experience • Bid Assistant • Detailed Seller Ratings - Feedback 2.0 • Improved eBay Checkout
  • 13. Growing GMV: Enhance our product Improve the Shopping Experience • Bid Assistant • Detailed Seller Ratings - Feedback 2.0 • Improved eBay Checkout • Motors 2.0
  • 14. Growing GMV: Improve Trust & Safety Safeguarding Member ID’s Selling limits on items favored by counterfeiters Enhanced buyer protection
  • 15. Growing GMV: Extend our offering • eBay Express • Convenience oriented buyer • New search engine • Shopping cart
  • 16. Growing GMV: Extend our offering • eBay Express • Tickets - StubHub • A leading secondary tickets marketplace • Best in class buying/selling experience
  • 17. Growing Beyond GMV New Formats • Shopping.com • 60 million products, 280 categories globally • The leading comparison shopping site in the US • International presence in UK, France, Germany and Australia A Better Way to Shop A Better Way to Sell
  • 18. Growing Beyond GMV New Formats • Shopping.com • Classifieds • Buyer appeal: Local market transactions • eBay c2c classifieds sites have a leading position in 21 markets and hundreds of cities • Strong growth in unique visitors
  • 19. Growing Beyond GMV New Monetization Models • Advertising / Click to Call • In the US: – Ramping up on selling our graphical inventory and have expanded graphical to more areas on the site – Increased to nearly full exposure of text ads on null search results – Continue to optimize ad placement on non-null search results • Internationally: – Began testing text ads on both null and non null search results in Q107
  • 20. Marketplaces revenue growth $1.25B Q1-07 $4.3B 53% CAGR $0.2B 2006 1999
  • 21. Giving Works $100M raised for charity to date!
  • 22. The global online payments standard • Trusted brand • Industry leading fraud management • Global reach • Best-in-class product
  • 23. Large and growing core business 133 Accounts (M) 143M Q1-07 62% CAGR • 36M active accounts 12 • $2B+ stored balances 2001 2006 $38B Total Payment Volume $11.4B • 177M transactions in Q1 Q1-07 57% CAGR • 190 markets & 17 currencies $4B 2001 2006
  • 24. PayPal’s value proposition Merchants like PayPal… Consumers like PayPal… • Easy to use • Easy, all-in-one payment solution • Convenient, online wallet with • Largest consumer base, with multiple payment options $2B+ in stored balances • Secure • Cost-effective and competitive pricing structure – Protection from unauthorized access to • Safer, less fraudulent accounts transactions – buyer protection • Direct relationship with • Fast, transactions only take a few customers seconds
  • 25. Platforms for growth + Merchant Services PayPal on eBay • Product innovation • Product offering • Global expansion • Global / merchant expansion • New platforms • Sales channels
  • 26. Platforms for growth – PayPal on eBay 59% of global • Product innovation addressable eBay GMV – Guest checkout – Integrated shipping – Market specific products – Improved payment flow • Global expansion - localized 14 sites to date – Language – Currency – Local banking infrastructure – Local regulation
  • 27. Platforms for growth – PayPal on eBay 26% of Skype’s • New platforms and marketplaces payment volume* – Skype – Shopping.com – Classifieds * As of March 2007
  • 28. Platforms for growth - Merchant Services • Enhanced product offering – Suite of products for all merchant segments – Virtual terminal – Improved reporting tools – Easier integration process
  • 29. Platforms for growth - Merchant Services • Expanding across merchant base and geographies – Continuing to grow sole proprietor and SMB markets – Beginning to penetrate large merchants – More than doubled currencies to 17 and increased markets to 190 • Multiple sales channels Penetration of merchants*: 37% - SPs – VeriSign Payment Gateway 5% - SMBs – Yahoo 1% - large merchants – Paymentech – Direct sales * US online merchants – Source:Forrester, 2006
  • 31. PayPal revenue growth $439M Q1-07 $1.4B 49% CAGR $0.4B 2003 2004 2005 2006
  • 32. Enabling the world’s conversations • Strong brand • Great product • Global reach • Thriving ecosystem
  • 33. Enabling the world’s conversations 196 Registered Users (M) • 9M+ peak online users • 3B+ monthly call minutes Q104 Q107 Skype-to-Skype Minutes (B) 7.7 • 4.4% of total international long distance minutes* • 28 languages and nearly every country * 2006 Telegeography Q104 Q107
  • 34. Continued product innovation… • Skype Send Money • Skype Prime • Skype Find • Video • SMS messaging • Skype Mobile • Skypecasts • Conference calls – 10 way • Skype for Business control panel • Phone number recognition • Multi-chat • Customization
  • 35. Constantly expanding ecosystem… 4000+ Developers! 350+ Skype-enabled 400+ Hardware devices! Applications! Partnerships with world-class companies!
  • 36. … Skype is everywhere Off-Desktop On The Web Pocket PC, WinMobile In Other Skype Me Buttons Corded and Cordless Major Operating Applications Web Presence Phones Systems Toolbars for Internet (e.g., Salesforce.com Polycom speaker phone WinXP, MacOS, Linux Explorer, Firefox, Outlook Six Apart blogs, Postbank) WiFi Phones On your desktop … across the internet … and beyond!
  • 37. Skype revenue growth Tripled annual revenue 21% CQGR $79M $25M Q405 Q107
  • 38. An incredible set of stand-alone businesses #1 in voice # 1 in #1 in online communications eCommerce payments
  • 39. …Stronger as one portfolio ®
  • 40. Our financial model… Robust revenue growth Product Financial Increase innovation and flexibility scale long-term shareholder value High operating Strong margins cash flows
  • 41. …Strong growth Op Margin Free cash flow Top line growth Expansion generation $1.7B +8ppts $6.0B 32.8% 56% 51% CAGR 24.2% CAGR $0.7B $0.2B 2001 2006 2001 2006 2001 2006
  • 42. …gives us financial flexibility Reinvest to expand market opportunity… Merchant Services Communications Comparison Shopping Local Markets * …and return shareholder cash $4B Stock Repurchase over 28 months *Skype acquisition financed with both cash and stock
  • 43. Our financial outlook Generate Expand Grow the strong cash operating top-line flows margin
  • 44. Our 2007 financial outlook Top-line Earnings per Operating growth share margin EPS Operating Revenue Margin $1.30 - $1.34 $7.20 - $7.45B ~33% 24% - 28% 21% - 25% Growth Y/Y + 20 bps Y/Y Growth Y/Y Based on guidance issued April 18th, 2007
  • 45.
  • 46. • Incredible set of stand-alone businesses • Strong platforms for growth • A great business model