'Instead of hiring developers you are shopping for technology,' said Mr Mengerink.
He claimed that there were already 900,000 developers working with the company on its platforms such as PayPal, GSI and Magento which it hopes will embrace the x.commerce concept and develop apps. In Australia he claimed that there were around 28,000 developers who were working with eBay at some level, although mostly focussed around PayPal applications.
'In Australia the current situation for local retailers is very difficult,' said Mr Mengerink. 'With these tools the consumer can say 'we can shop online'.'
He also telegraphed the ability to harness x.commerce tools to establish a global online presence so that international consumers could more easily purchase Australian goods and services. Although the Australian dollar is currently strong, he argued that 'There are still currencies above the $A and if you are not selling there you are missing out on margins.'
'The market opportunity in Australia is phenomenal for us,' he added, claiming that the country had been identified as one of the top three international markets for x.commerce.