Ebay paypal
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Transcript of Ebay paypal
EBAYPAYPAL
MERGES & ACQUISITIONS OF
AVERY • VICTORIA • ELENA
&
ARTIFACTS
ESPOUSED VALUESThey build virtual communitiesWant people to come together
ASSUMPTIONS AND BELIEFSAssumptions and beliefs:
Buying/selling products for fair pricesCommunity/family feeling
• Medical, dental and vision insurance from the date of hire• Life insurance• Flexible spending accounts, • Employee Assistance program• Employee Stock Purchase Plan• Charitable Contribution and Gift Matching• Work/Life balance toolkit• Tuition Reimbursement
• Adoption Assistance Program• Pet Insurance• Complimentary beverages/snacks• Onsite dry-cleaning• Massages• Oil change• Haircut• Auto detailing • Dental cleaning
SYMBOLSFriendly family atmosphere
“World’s Online Marketplace”
“Connecting buyers and seller globally”
“Buy it, sell it, love it”“When it’s on your mind,
it’s on eBay”
POWER STRUCTURESFounder & Chairman-
Pierre OmidyarCEO- John Donahoe
ORGANIZATIONAL STRUCTURE
HorizontalExtending lead in
paymentsDelivering a better eBay
experience for customersConnecting buyers
ROUTINES & RITUALSFlexible environmentAlways have the latest
technologiesFriendly/family cultureDramatic, fast-paced
ARTIFACTS
ESPOUSED VALUESTo keep customers to quickly receive and send money
with greater easePaypal reduced online fraud and leaking of personal
information
ASSUMPTIONS AND BELIEFSEnables customers to quickly receive and send money
with greater easePaypal reduced online fraud and leaking of personal
information
• Quality health insurance• Wellness programs • Options to reduce your taxable income • Counseling• Referral services• Financial security• Dry cleaning pick up/ delivery• Oil changes• Onsite gym• Cafe
SYMBOLS“Checkout with PayPal-
Faster. Safer. Easier”
POWER STRUCTURESDavid Marcus- President
Patrick Dupuis- Chief financial officer
James Barrese- Chief technology officer
ORGANIZATIONAL STRUCTURE
Hierarchical structurePresident
Chief officersSenior vice presidents
Vice presidentGeneral Council
ROUTINES & RITUALSGenerally casual workplaceSeparation between ranks
of staff
EBAY PAYPAL
• Dress code: smart casual
• Casual workplace• Dynamic culture
• Both under tertiary/service (retail) category
• Big corporation• Online auction
market• Horizontal
organizational system
• Small corporation• Online payment
market• Hierarchical organizational
system
• Force to change: Opportunity, desire to increase profitability, customer demand• More profit• CEO change for paypal to Senior VP of Global Payments of eBay• Billpoint a.k.a. eBay payments (eBay’s official payment system) shut down 200,000-4,000 daily auctions• David Marcus (New Paypal CEO)
The deal is financially attractive. We are basically trading 8% of our company for the most popular online payment network, which we believe
will expand both platforms and increase the value of both companies.- Kevin Pursglove, eBay“
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