Is Magento Owned by eBay?

Popular e-commerce platform Magento has existed since 2008. It is an open-source platform that enables programmers to design unique online shops for companies of every size. Some individuals think that eBay owns Magento, nevertheless. We will examine whether or not this is true in this essay.

No, Magento is not owned by eBay, to answer the main query. Magento was bought by eBay in 2011, however they only had ownership of it for a short while. Magento was sold by eBay to a private equity company in 2015; the company then sold it to Adobe in 2018. As a result, Adobe, not eBay, is the present owner of Magento.

Another e-commerce platform that is growing in popularity in Europe is Shopware. It is a platform with a German base that provides both open-source and paid editions. Shopware puts a strong emphasis on the customer experience and provides a variety of features to improve the shopping experience, including customized product recommendations and a mobile-friendly storefront.

Both a free open-source version and a pricey corporate version are provided by Magento. Depending on the size of the company and the features required, the price of the enterprise edition varies. However, Magento Commerce’s monthly starting cost in the UK is £1,600.

The ideal e-commerce platform for your company will depend on your unique requirements. For companies that want a great degree of customisation and flexibility, Magento is a popular option. For companies who are just getting started or have a smaller budget, Shopify is a smart choice. Businesses who already have a WordPress website should consider WooCommerce.

Magento Commerce is not a free service. Compared to the open-source, free version of Magento, this commercial enterprise version provides greater functionality and support. The open-source version of Magento, however, is accessible for free and may be tailored to your company’s requirements.

In conclusion, eBay does not own Magento. It is presently owned by Adobe and is available in both a for-profit enterprise version as well as a free open-source version. Depending on the size of the company and the features required, the price of the enterprise edition varies. Your unique requirements and spending power should be taken into account while selecting an ecommerce platform.