This document discusses the growth of mobile commerce and opportunities in the ecommerce industry. Some key points: - Mobile has greatly impacted shopping behaviors, with over half of shoppers using phones while shopping and tablets driving twice the average purchase size as PCs on eBay. - The rise of mobile is bridging online and offline commerce, growing the total "commerce" opportunity to an estimated $10 trillion, up from $500 billion in offline retail in 2010. - Ecommerce platforms face challenges in attracting customers, converting sales, and retaining shoppers in this rapidly transforming industry. - Magento has seen strong growth, serving over 200,000 merchants and $26 billion in sales in 2013, and is projected