00:00
Speaker A
Why buy eBay after such a big move?
00:01
Speaker B
Uh moving forward if you're looking at earnings next year, this was a company that was only growing in the the low single digits. We're looking at them getting up to 15% growth, which is pretty healthy. And if you were looking at the the software models, um that, you know, everyone loved because they were asset light, this is an asset light model.
00:20
Speaker B
So, keeping that in mind, we're watching ROEs that have improved. The growth has happened because of the segmentation, but AI has helped them in two ways. 25% of the sales were overseas and it took 7 to 9 clicks in order to get a transaction done. Now it's only three. So language barrier is removed and the speed and efficiency to get through the friction, so to speak, has basically gone down.
00:40
Speaker B
Second thing is if I have a product that I'm placing on that website, I just take a picture, upload it and they actually will put a video around it based on AI.
00:48
Speaker B
So it helps in terms of marketing, it helps in terms of ease of use and it also in terms of the sof software updates, it actually enhances that as well.
