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eBay secures new mobile partnerships and predicts significant m-commerce growth this year

02/28/201202/28/2012 Julie Campbell

eBay Inc. has announced that they are predicting significant volume growth in its m-commerce segment, as well as in its regular e-commerce and auction website, as it anticipates a sizeable increase in the number of people who use their smartphones to shop and pay for products. This online marketplace giant has already been making especially large steps forward into the mobile commerce environment, having developed new apps for its e-commerce platforms. The company has predicted that it will bring in $8 billion in m-commerce retail volume this year, and that…

New CEO at Yahoo takes a fresh mobile commerce focus

01/06/2012 Julie Campbell

Scott Thompson, the new CEO at Yahoo! Inc., may have used his keen skill for meticulous detail to bring the PayPal unit at eBay Inc. into mobile payments to bring revenues to over double their previous levels, and to bring the member base to over 100 million, but it is anticipated that his challenges will now be even greater. Fifty-four year old Thompson now faces the responsibility of bringing advertisers and users back to one of the largest American web portal, whose sales and market share are rapidly slipping away.…

eBay releases its annual “Top Shopped” list of items for 2011

12/21/201112/21/2011 Julie Campbell

The largest online marketplace in the world, eBay, which also leads in mobile commerce, has released the results of its third annual report for the “Top Shopped” items for 2011, which ranks the pop culture trends and moments that brought about the most attention from shoppers. In order to assign the ranks, eBay performed an analysis of sales data based on the items that were purchased throughout the various categories of its marketplace, to identify the themes that were most interesting to the public this year. It looked into everything…

Mobile’s tremendous role on Cyber Monday

12/01/201112/01/2011 Stephanie Beck

Data from PayPal, eBay, GSI Commerce, and IBM has all shown that Cyber Monday this year saw a spike in mobile activity as the early holiday shopping season truly took off. Cyber Monday falls on the Monday after the Thanksgiving Weekend and has been the opportunity for online retailers to offer Black Friday-like sales to online shoppers. However, this year, with a growing number of consumers accessing the internet from their tablets and smartphones, a notable amount of the shopping on that day is occurring by way of mobile channels.…

Holiday shopping season already 500 percent better than last year for mobile payments

11/28/2011 Jennifer Goula

mobile technology wallet Holiday Shopping

As had been predicted, Thanksgiving was an extremely profitable day for retailers online, with reports from IBM showing that sales this year were 39 percent higher than they were on the same holiday in 2010, with a sharp increase in shopping using a mobile device. IBM wasn’t alone in these reports. PayPal and eBay have also reported comparable trends. For example, PayPal Mobile has reported that Thanksgiving 2011 saw an increase of 511 percent worldwide in mobile payments over last year on Thanksgiving. The most common time for American consumers…