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.
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.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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