eBay Still Growing Strongly

It’s been a household name across the world for many years, eBay is as widely know and recognised as Apple or even Coca Cola.

It’s easy to forget that eBay is a constantly evolving business and this weeks financial figures reveal that it’s still growing strongly and due to do even more next year.

As a marketplace eBay has benefited considerably by the acquisition of PayPal which now makes up for 41 percent of total sales and has posted the strongest revenue growth in three years. With the addition of a mobile based payment app they are expecting to do $3 billion of payments via mobile devices this year.

So when we think of eBay as “just that place to offload old stuff” remember that it is still one of the biggest eCommerce sites on the net today and from the financial figures it’s set to stay that way for some time to come.

Tags: ebay, eBay financial figures, ebay growth, paypal