eBay touts mobile commerce as reason behind aggressive growth

Financial News for Mobile Commerce

Retailer announces strong revenues and earnings in 2012 Online retail giant eBay has announced stronger-than-expected revenues and earnings this week, which has caused shares in the company to spike by 8.5%. According to the company’s report, it has witnessed a 23% increase in its revenue in the second quarter of 2012. The report shows that the company’s net income has increased by 144% over the levels it had been in the second quarter of 2011. eBay CEO John Donahoe believes that he knows exactly why the company has experiences such…

Read More

eBay reaches markets worldwide, but still has a long way to go

Ebay m-commerce News

Though eBay is present in many different global markets, from the United States and Canada to 12 European regions, and 8 Pacific regions, there are still many untapped territories around the world from different countries that could help eBay to reach greater potential. According to Oliver Hua, the chief operation officer for eBay South East Asia, Greater China, and Japan, the Indonesian market alone offers a substantial opportunity for eBay, considering the 95 million shoppers around the world who are interested in trends such as Penn Olson, Willis Wee, and…

Read More