Prime Minister Binyamin Netanyahu met on Monday evening with eBay President and CEO Devin Wenig.
The two men discussed possibilities for expanding eBay's research and development – and the scope of its investments – in Israel.
Netanyahu emphasized the importance that the State of Israel places on innovation and the latent opportunities in the Israeli market. He added that the goal of the Israeli government is to make it easier to do business in Israel by lowering corporate taxes and reducing regulation.
The head of the Prime Minister's staff, Yoav Horowitz, and Prime Minister's Office Director General, Eli Groner, also attended the meeting.
eBay strengthened its operations in Israel in recent years. Its CEO made his first-ever business visit to the Jewish state in 2012.
In late 2016, eBay acquired Corrigon, an Israel-based startup that has is a specialist in computer vision and visual search technology.