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eBay and PayPal anticipate exceeding $20 billion in 2013

Published Jan. 17, 2013
By
Joan Brodecki
Ebay

Dive summary:

  • After a strong adoption of mobile commerce and improved performance, eBay blew past its original estimates and reported strong earnings.
  • PayPal, according to John Donahoe, accounted for 10% of eBay's mobile payment volume for 2012.
  • The companies are attributing the growth to increased adoption of mobile apps and increased engagement from new features and products, bringing in 4 million new customers in 2012.

From the article:

"...In 2013, eBay expects each to exceed a whopping $20 billion.

PayPal and eBay both expected $10 billion in sales/payments volume for the year, individually. However, eBay mobile finished the year with $13 billion in volume..."

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