Bengaluru, December 18, 2012: eBay Marketplaces today announced the appointment of Mr. Ramkumar Narayanan as General Manager, eBay Product Development Centre, India with immediate effect. In his new role, Ramkumar Narayanan will be responsible for focusing on data driven product innovation supporting eBay businesses across multiple markets.

Mr. Sri Shivananda, Vice President, Platform & Infrastructure, eBay Marketplaces said, “Ramkumar has a great mix of product, engineering and leadership skills with a track record of building organizations and delivering results. I am confident that with Ram's personality, skills and experience, the eBay Product Development Centre will be taken to the next level in delivery, value creation, culture of excellence and a career growth for employees”.

Mr. Ramkumar Narayanan, General Manager, eBay Product Development Centre said, “The eBay Product Development Centre plays a strategic role in eBay’s global product innovation, research and development. I am delighted to take on my new role and look forward to this opportunity to work with a winning team that is responsible for driving the world’s most trusted marketplace”.

Prior to eBay, Ramkumar Narayanan was the Vice President of Global Product Management in Yahoo! where he was responsible for leading product strategy and management across its Software Development Center in Bangalore. During his tenure at Yahoo!, he has led a number of global product teams including Search, Commerce, Advertising, Small Business and Emerging Markets (with primary focus on India & Middle East). Prior to joining Yahoo!, Ramkumar served in many capacities at Microsoft both in the U.S. and India.

About eBay Product Development Centre

eBay Product Development Centre plays a strategic role in eBay’s global product innovation, research and development. The Center is responsible for end-to-end Thought Leadership and Technology Leadership for variety of domains, products, and technologies of eBay Platform that drive the key business metrics and serve millions of customers. The product eco system includes Product Strategy and Management, Platform and Application Development, Quality Engineering, Engineering Systems, Architecture, User Experience and Design, Information Security, Analytics, Infrastructure and Operations etc. In addition to the Global product development, the center partners with eBay India and APAC business as technology and local innovation arm. The eBay Product Development Centre is located in Bengaluru, India.

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is a global commerce platform and payments leader connecting millions of buyers and sellers. We do so through eBay, the world's largest online marketplace, which allows users to buy and sell in nearly every country on earth; through PayPal, which enables individuals and businesses to securely, easily and quickly send and receive digital payments; and through GSI, which facilitates ecommerce, multichannel retailing and digital marketing for global enterprises. X.commerce brings together the technology assets and developer communities of eBay, PayPal and Magento, an ecommerce platform, to support eBay Inc.'s mission of enabling commerce. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com

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