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eBay expects $5 billion in mobile sales this year

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By: , IntoMobile
Monday, October 24th, 2011 at 2:42 AM

Mobile channel is working like a charm for eBay, with the company revising its m-commerce forecast for this year – from $4 to $5 billion. The new figure comes after eBay reported that revenue for the third quarter (ended September 30, 2011), increased 32% compared to the same period of 2010.

British eBay users are apparently pretty tech-savvy when we have mobile sales accounting for more than 10% of all purchases on eBay UK. On the similar note, it is said that an item is sold on the eBay mobile platform every second!

Finally, we have the words of eBay UK’s Retail Director Angus McCarey to share – he said: “Mobile has fundamentally changed the way people shop, and mobile sales on eBay are growing in triple digits. As mobile continues to blur the online and offline commerce environment, our focus is on enabling all commerce by helping consumers shop anytime, anywhere and with any device, and by helping retailers keep up with technological advancements.”

[Via: cellularnews]

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.

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