CHICAGO (AP) — Online auction giant eBay Inc. confirmed June
16 that it will expand into Chicago, adding 360 jobs over three years.
The company will lease a 60,000-square-foot office in the
city’s Merchandise Mart building downtown, Department of Commerce and Economic
Opportunity spokesman David Roeder said.
The company’s senior director for U.S., state and local
government relations, David London, said eBay is proud to invest in what it sees
as Chicago’s growing tech sector.
San Jose, Calif.-based eBay bought Chicago tech startup
Braintree for $800 million last year. Braintree provides online and mobile
“Chicago is a hotbed for innovation and where Braintree got
its start,” London said in a news release.
The company will be eligible for an incentives package,
Roeder told The Chicago Sun-Times. That package could cut $12 million from eBay’s tax bill over the 10
years if it makes good on a pledge to spend $24 million on the expansion effort.
That includes hiring 216 full-time employees by spring of 2016 and 144 more by
the following March.
Gov. Pat Quinn said in a statement that he’s thrilled eBay
is expanding in Chicago.
“By coming to Illinois, eBay will benefit from our state’s
leadership in emerging technologies and access to a workforce with skills that
are second to none,” Quinn said.
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