eBay has been at the forefront of mobile development and innovation. The company's head of mobile sat down with Alyssa Julya Smith at the eTails conference in Palm Springs to explain why focusing on mobile benefits both buyers and sellers.
He explains that eBay was the world's most dynamic marketplace, but the world has changed in the 20 years since eBay started. He talks about how eBay needs to shift the mindset of how people think about the company.
Meeks also talks about why eBay is considered a mobile first brand, saying that the cell phone is our most personal device and people can pretty much do anything with their phone these days. He says the brand is constantly trying to reinvent their mobile platform to put customers first.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
