After 17 years, eBay has decided to overhaul its iconic logo for a more streamlined look. The company unveiled the new design in a blog post accompanied by some stats about where the company is headed. The timing is also interesting because its to reflect new confidence about the company’s future.
There have been times when the company has been kicked around a bit. But this year, it’s one of the hottest stocks in Silicon Valley, climbing about 50 percent since the start of the year.
The company also released this graphic providing some stats on what seems to be behind the company’s new-found mojo: