NEW YORK - EBay can use some $ 2.4 billion it will receive from the sale of its stake in Skype to make acquisitions, Chief of the Executive of the online auction giant said in an interview.
EBay CEO Jack Donahoe said the Wall Street Journal that the company may also use some of the proceeds of the sale of the participation of 30 per cent, that he owns in Skype to return money to investors through redemption of shares.
"We will continue to use the balance sheet to invest in organic growth, to make selective acquisitions and to return to our shareholders of stock buybacks," Donahoe said the newspaper.
He said more than 8 billion in cash and was on the lookout for objectives of taking control of the company based in San Jose, California.
"There is nothing imminent, but when see us something that will help our mission to connect buyers and sellers (we will do it)," added Donahoe.
This month, U.S. Microsoft software titan announced he purchased Internet voice and video leader Skype for $ 8.5 billion.
Donahoe also said the newspaper eBay would increase emphasis on mobile products that allow people to store, locate goods and compare prices with their phones.
"Our goal is to bring consumers the best experience to find what they want, how they want and when they want, whether on eBay or otherwise," Donahoe said. "" "". Many eBay innovation will be on mobile.
"Soon I will be able to take a photo of your shoes and know where can I buy and how much they cost," he said.
As examples, citing Europe and the Russia, eBay CEO said he expected no eBay to be present in all markets.
"Many of these markets are not large enough for eBay to have an autonomous presence," he said, and growth would come through cross-border sales.
Donahoe predicts Europe and Asia would represent a large share of revenues from eBay over time. Currently in the United States represents about 40% of the revenue eBay, followed by 40% in Europe and 20% in Asia.
No comments:
Post a Comment