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eBay Enterprise
From Wikipedia, the free encyclopedia
Formerly
called
Industry
Fate
Dissolved
Pepperjam
Radial Inc.
Successors
Contents
1 History
1.1 Founding and growth
1.2 eBay ownership
1.3 Sale and dissolution
2 List of acquisitions
3 List of divestitures
4 References
Founded
1995
Founder
Michael G. Rubin
Defunct
2016
http://gsicommerce.com,%20http:
//www.ebayenterprise.com/ (http://
gsicommerce.com,%20http://www.
ebayenterprise.com/)
History
Founding and growth
Originally founded by Michael G. Rubin in 1995 as Global Sports Incorporated, the company focused on selling
sporting goods and supplies.[2] In 1999 it branched out into clothing and a variety of other categories and changed
its name to GSI Commerce in 2002.[3] Toys "R" Us, one of GSI's largest e-commerce partners, chose GSI after
suing Amazon.com for breach of its exclusivity contract.[4] In October 2000, GSI acquired FogDog.com, an online
sporting goods store.[5] In August 2007, GSI acquired Accretive Commerce, a company with a similar business
model, for $97.5 million.[6] In 2008 it was announced that Innotrac, a similar e-commerce company with
fulllment centers located throughout the United States, would be acquired, however, the deal was canceled in
January 2009.[7] The company acquired e-Dialog in 2008;[8] as well as Retail Convergence, operators of Rue La La
and Smartbargains.com, in 2009.[9]
In September 2008, GSI and Timberland reached a settlement of up to $7,000,000 with a class of cell phone
subscribers who alleged that they received unsolicited SMS text messages advertising for Timberland.[10] Both
Timberland and GSI denied any wrongful conduct and stated that a completely separate and independent company
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was responsible for securing the consents of the class members to receive the text messages.[11] The settlement was
signicant as it was the rst nationwide settlement for unsolicited text messages under the Telephone Consumer
Protection Act.[12]
On March 21, 2010, the company and its former CEO, Michael Rubin, were featured on the CBS television series
Undercover Boss.[13]
eBay ownership
On March 28, 2011, it was announced that eBay Inc. would acquire GSI for $2.4 billion. The deal was closed on
June 20, 2011.[14]
On June 20, 2013, the company announced that it would be retiring the GSI Commerce name in favor of eBay
Enterprise.[15]
Magento, Inc. became a part of eBay Enterprise on November 21, 2013.[16] eBay Inc. had purchased Magento on
June 6, 2011, prior to completing the acquisition of GSI Commerce.[17]
List of acquisitions
FogDog (2000)[5]
Accretive Commerce (2007)[6]
e-Dialog (2008)[8]
Silverlign (2009)[25]
Pepperjam Network (2009)[26]
Retail Convergence (2009)[9]
FetchBack (2010)[27]
ClearSaleing (2011)[28]
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Fanatics (2011)[29]
List of divestitures
Fanatics (2012)[30]
Retail Convergence (2012)[30]
References
1. Gobry, Pascal-Emmanuel (2011-02-14). "Meet GSI
Commerce, The Biggest E-Commerce Empire You've
Never Heard Of". Business Insider. Retrieved
2016-05-11.
2. Huang, Patricia (July 6, 2006). "America's Youngest
CEOs". Forbes. Retrieved 2010-03-14.
3. "Our History". GSI Commerce. 2009. Retrieved
2010-03-14.
4. Regan, Keith (March 3, 2006). "Toys 'R' Us Wins Right
to End Amazon Partnership". E-commerce Times.
Retrieved 2010-03-14.
5. Sandoval, Greg (October 24, 2000). "Web site
developer buys sports site Fogdog". CNET. Retrieved
2015-07-26.
6. Tedeschi, Bob (August 27, 2007). "Late to Web
Retailing? There's Still Money There". The New York
Times. New York. Retrieved 2010-03-14.
7. "Innotrac merger with GSI Commerce canceled".
Philadelphia Business Journal. January 29, 2009.
Retrieved 2010-03-14.
8. Katz, Julie M. (January 24, 2008). "Independent ESP eDialog Makes Out Well In Acquisition Deal". Forrester
Research. Retrieved 2015-07-26.
9. Stone, Brad (October 27, 2009). "Operator of 'Private'
Web Sales Is Acquired". The New York Times. New
York. Retrieved 2015-07-26.
10. Weinstein v. Airit2me, Inc. et al., No. 06-C-0484 (N.D.
Ill. 2008)
11. "GSI Commerce, Timberland in tentative settlement in
text message case". Philadelphia Business Journal.
September 15, 2008. Retrieved 2010-03-14.
12. "Timberland laces up $7M text spam settlement". Mass
High Tech. September 23, 2008. Retrieved 2016-04-22.
13. " "Undercover Boss" GSI Commerce (TV Episode
2010)". IMDb. Retrieved 2016-07-03.
14. Rao, Leena (June 20, 2011). "eBay Closes $2.4 Billion
Acquisition of GSI Commerce". TechCrunch. Retrieved
2015-07-25.
15. Protalinski, Emil (June 20, 2013). "Two years after the
acquisition, eBay rebrands GSI Commerce as eBay
Enterprise". The Next Web. Retrieved 2015-07-30.
16. "Expanding Opportunities for Magento Merchants,
Partners and Developers". Magento. November 21,
2013. Retrieved 2016-04-22.
17. Perez, Juan Carlos (June 6, 2011). "EBay Buys
Magento to Boost Its E-commerce Developer Tools".
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