If eBay growth isn't clearly demonstrated by larger GMV numbers then it might be fair to say that all eBay Promoted Listings does is generate fees for moving a sale from one seller to another (promoted listings might surface a product a buyer hadn't considered purchasing so that might be too simplistic, but is a reasonable viewpoint). eBay payments is the right thing to do but also doesn't directly generate increased GMV (although eBay might argue removing payment friction does increase sales). So two programs that generate fees but don't move the needle on GMV leaves the problem of where to find eBay growth so we were pleased to spot that eBay have announced a new Global Chief Growth Officer (CGO). In a newly created role Julie Loeger will become eBay's first CGO in January and will lead two critical, global teams that are focused on customer acquisition, retention and service — Global Marketing and Global Customer Experience. Together, these teams will form eBay's Global Growth organization.