Sunday, May 15, 2011

PayPal Now 39% of eBay Revenue

PayPal now represents 39 percent of eBay’s total revenue, and nearly made $1 billion in revenue for the company in the first quarter of 2011, up 23 percent from the same quarter in the previous year.

Marketplaces brought in $1.5 billion, up 12 percent from the same quarter in 2010.

That would explain why eBay is interested both in mobile payments and local (offline) commerce: that's where the growth might be.

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