Tag: john donahoe

eBay gets aggressive on mobile commerce

| February 17, 2013

ebay mobile commerceMobile commerce continues to attract the attention of eBay

eBay has been seeing strong growth in recent months. The past year has been very successful for the online retailer, partly due to the company’s increasing focus on mobile commerce. As more consumers begin to rely more heavily on their mobile devices in their daily lives, they are opting to use their smart phones and tablets to shop and bank. This growing trend holds promising prospects for eBay’s future growth and the company has come to embrace mobile commerce aggressively.

CEO expects commerce to evolve quickly in the near future

eBay CEO John Donahoe has been speaking out about the company’s interests in mobile commerce recently. Donahoe is a strong advocate for mobile commerce in general and has been working to direct the company toward new ways to accept mobile payments. The CEO has suggested that mobile commerce could be a major boon for retail, especially that which is restricted to the digital world. With more people adopting mobile devices, Donahoe believes that mobile commerce will change over the next three years than commerce in general has over the past decade.

Security is a major concern with consumers

The adoption of mobile commerce has yet to show signs of slowing down. Consumers all over the world have shown a strong interest in using their mobile devices to make purchases, but many people still have concerns over the practice. Security is the most significant of these concerns. Adoption of mobile commerce may be high among consumers, but it has yet to reach its full potential because of the security concerns that many consumers have. Until mobile payments can be made more secure, mobile commerce will continue to experience complications in the adoption process.

eBay opening up mobile commerce for other retailers

eBay accounts for approximately 20% of all e-commerce transactions throughout the world. The company represents a very strong commerce platform that has enabled to emergence of new retail groups for several years. By adopting a stronger focus on mobile commerce, eBay is also opening up new avenues of business for the retailers that rely on the company’s platform.

eBay predicts major growth for 2013

| January 20, 2013

ebay mobile commerceeBay and PayPal gear for mobile commerce growth in 2013

Online retail giant eBay saw major gains during the 2012 holiday shopping season, largely due to the company’s focus on mobile commerce. eBay is predicting that its mobile payment volume in 2013 will reach new heights as it puts more focus on engaging consumers with mobile commerce services. eBay notes that PayPal, one of its primary subsidiaries, will have a large role to play in the mobile commerce growth the company is expecting to see in the coming year.

eBay predicts mobile payment volume to exceed $20 billion

eBay is expecting to see mobile payment volume grow to more than $20 billion in 2013. PayPal is expected to handle the majority, if not the entirety, of this mobile payment volume, similar to what the company had done during the 2012 holidays. In 2012, eBay reported some $14 billion in total revenue for the entire year,  up 21% of the revenue the company had generated in 2011. The company notes that one of the contributing factors to this growth was its focus on mobile commerce.

Company works on streamlining mobile services

In 2012, eBay mobile accounted for $13 billion in volume, according to CEO John Donahoe. The company’s various mobile applications attracted more than 4 million new users throughout the year, adding significant clout to the company’s already formidable presence in the mobile space. eBay is now working to streamline its mobile ventures, hoping to make them more accommodating of new customers and to bolster the mobile commerce services the company has to offer.

Consumers show interest in mobile commerce

PayPal is expected to add significant momentum to the mobile commerce plans of eBay. Consumers mostly had a positive experience with mobile commerce during the 2012 holidays, so eBay is likely to push for similar results near the end of this year. These consumers have shown their interest in shopping and making purchases using their mobile devices, thus setting up a great deal of promise for the 2013 holiday season.