eBay Inc. to Open Global Development Center in Bangalore

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May 8, 2012
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eBay Inc. to Open Global Development Center in Bangalore

BANGALORE, India, May 8, 2012/PRNewswire/ --

    . Expects to Hire up to 1,000 Technologists over 3 Years

    . Center to focus on fast-growing global PayPal and eBay Marketplaces

    eBay Inc. today announced plans to open a new development center in Bangalore, India,
and expects to hire up to 1,000 technologists over the next three years. The new Bangalore
facility will feature several centers of excellence and house technologists from both eBay
Marketplaces and PayPal. It builds on eBay Inc.'s existing presence in India which
includes a global development center with over 2,200 employees in Chennai and the eBay
India business unit (http://www.ebay.in) in Mumbai.

    "PayPal is growing at a phenomenal rate globally, as we continue to execute on our
bold vision of re-imagining money," said Mr. Anupam Pahuja, General Manager - PayPal. "To
support this growth, we are looking to tap into the large pool of software engineering
talent in Bangalore to come innovate with us and create the future of commerce. We are
committed to India as a technology hub and see India's software engineering talent as a
critical driver for the long-term success of PayPal's global payment platform."

    "eBay's ecosystem provides technologists a unique combination of startup culture to
innovate and product excellence culture to build products that creates value to millions
of customers. The unprecedented scale of the eBay platform challenges technologists to
innovate and create new architecture paradigms and technologies," said Mr. Rajesh
Ramachandran, General Manager - eBay Marketplaces. "The India center plays a strategic
role in global product and technology innovation. The Bangalore Center will bring in
significant thought leadership to drive critical business initiatives."

    The company is aggressively hiring senior technologists with strong product
development experience across many functions including research, platform and application
development, architecture, quality engineering, product management, marketing and product
analytics, user experience and design, and information security. Those who wish to apply
can visit http://www.ebaycareers.com [http://www.ebaycareers.com ] and type "Bangalore" into the
job search box to review our Bangalore positions.

    With offices in more than 50 locations around the world, eBay Inc. in India has
consistently been rated one of the top 25 best places to work by the Great Place to Work
Institute. eBay Inc. is noted for its exceptional work environment and commitment to both
employees and community. The company promotes a culture of empowerment, innovation and
holistic development, along with great perks and benefits.

    About eBay Inc.

    Founded in 1995 in San Jose, Calif., eBay Inc. [http://www.ebayinc.com ] (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 [https://www.paypal.com
], which enables individuals and businesses to securely, easily and quickly send and
receive digital payments; and through GSI [http://gsicommerce.com ], which facilitates
ecommerce, multichannel retailing and digital marketing for global enterprises. X.commerce
[https://www.x.com ] brings together the technology assets and developer communities of
eBay [
file:///C:/Users/tchakravarty/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files
/Content.Outlook/NZ93692K/www.ebay.com ], PayPal and Magento
[http://www.magentocommerce.com ], an ecommerce platform, to support eBay Inc.'s mission of
enabling commerce. We also reach millions through specialized marketplaces such as StubHub
[http://www.stubhub.com ], 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
http://www.ebayinc.com
[http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ebayinc.com&esheetP136588&lan=en-US&anchor=www.ebayinc.com&index=2&md5xbb60b22a9b1c14a2115dcfda43a4b2 ]
.

    About PayPal

    PayPal is the faster, safer way to pay and get paid online. The service allows people
to send money without sharing financial information, with the flexibility to pay using
their account balances, bank accounts, credit cards or promotional financing. With 110
million active accounts in 190 markets using 25 currencies around the world, PayPal
enables global commerce. PayPal is an eBay (Nasdaq:EBAY) company. PayPal is headquartered
in San Jose, Calif. and its international headquarters is located in Singapore. More
information about the company can be found at http://www.paypal.com [http://www.paypal.com ].

    Primary Media Contact : Krithika Balasubramanian, krbalasubram@paypal.com,
91-9677152514

    Secondary Media Contact : David Francis, david.francis@ketchumsampark.com,
91-9884052528

Source: PayPal India

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