eBay (EBAY) 2016年年度报告「NASDAQ」.pdf

1、Dear Stockholders,Your Board of Directors remains focused on ensuring eBay operates in a manner thatsupports the long-term interests of the stockholders and stakeholders it serves.In the first fullyear after completing the spin-off of PayPal,eBay made solid progress on its strategic plan torepositio

2、n the business for the future.Under the leadership of CEO Devin Wenig,the companybegan delivering on its commitment to drive the best choice,the most relevance and the mostpowerful selling platform.The Board believes this strategy will contribute to a more resilientand differentiated eBay in the yea

3、rs to come.The Board also believes in taking a disciplined approach to value creation,profitability andcapital allocation.In 2016,the company returned$3.0 billion of capital to you,our valuedstockholders,throughrepurchasesofcommonstockunderBoardauthorizedsharerepurchase programs.We also approved and

4、 completed the monetization of eBay s$1.3 billionstake in MercadoLibre,Inc.as well as completing a number of acquisitions to support ourstrategic direction and capabilities.eBay is deeply committed to being a great and successful company;the ability to deliveron this commitment is strengthened by eB

5、ay s clear strategic direction,relentless focus onexecution and disciplined financial model.It is also supported by a strong belief in thetransformational power of commerce.Through eBay s platforms,the company is creating abetter,more sustainable form of commerce that empowers people and creates opp

6、ortunity.While there is still much work ahead,the Board is pleased with the progress that eBay hasmade over the past year and is excited about the opportunities ahead.On behalf of eBay sBoard of Directors,I thank you for your support and look forward to continuing to serve you in2017.Thomas TierneyC