eBay to acquire Magento

[netmeg]

[magentocommerce.com...]

(having spent the past 18 mos completely immersed in Magento Enterprise, I am reeling)

Have many many questions. Both Community and Enterprise? Will it stay as a standalone product? (what about our support contracts?) Sure hope they put out something for the Enterprise users pretty darn quickly.

Seems like eBay is really gunning for Amazon with this.

[kieranmullen]

paypal is the money maker for ebay.
auction sales side of ebay has really lost its way with its members...

They recently increased their rates similar to what amazon is (based on total sale amount instead of fee based on product price as many people had padding the shipping amount to avoid the fees.

[pricetack pb]

I doubt much will change in the near term but you should watch closely as Ebay starts to meddle with the Magento business. One thing Magento has going for it is that it is open source so if things go haywire, there's a good chance someone else can pick up the slack.

[SilverShine]

With the current owner, ebay, and anything they touch, will always be an iffy offering, at best.

[jsinger]

How are Monster Commerce's old clients doing after Network Solutions bought Monster around 2005? I'm guessing, not so good.

[OrderDynamics]

In coming back from Internet Retailer 2011 in San Diego this week, we spoke with several merchants that were definately concerned about pulling the trigger on their ecommerce project given the acquisition.

Most of the concerns/feedback was related to the uncertainty of the future of the product and how it relates to the overall strategy with GSI Commerce. There was also some people that were in the camp of "I don't want to have my business running on eBay".

Since Magento and eBay have been tight-lipped thus far, I think the uncertainty may sway some of the larger-budget, mid-sized ecommerce implementations away from Magento or put them on-hold while they investigate other options. Mid-size being 5-50MM in online revenues or larger firms (25MM to 300MM+ total business revenue) looking to launch a net-new ecommerce channel.

We don't believe, however, it'll really change the immediate future of the smaller, lower cost Magento implementations. Exciting times though.

[courier1]

Magento is such a popular platform for Australian carts. We see most magento clients in the medium to larger scale shops in the community. What I am really looking forward to is any cross selling tools they have that can merge functions with both selling platforms. They may already exist , not sure.

[bears5122]

It's an interesting purchase for sure. Sort of surprised they showed so much interest in Magento as opposed to smaller hosted solutions that may see more overlap with Ebay. Seems a lot of people are uncertain as to what their plans are for it moving forward.

I know a lot of people like Magento, but I think the cart is trash. Bloated piece of software that can do a lot of things, just none of them particularly well. And of course built in a way that requires unnecessary extra steps involved in just about everything.