Mobile Commerce will be the next driver of growth- says eBay

eBay has said that the current mobile market structure is the most powerful e-Commerce platform in the world. Mobile Commerce has become the largest and promising platform in global level.

eBay is known to be the most successful ecommerce websites which was founded almost fifteen years back by Pierre Omidyar. Then it was an online auction site which has transformed itself to be the leader in the e-commerce arena.  

Now it has around USD 9 billion in revenues and over 2.5 million active users. The company is also the owner of online payment site paypal. It has also acquired the Indian shopping mall, bazee.com for around Rs. 230 crore.  

President of eBay Marketplaces, Lorrie Norrington has informed that eBay is now associated with 39 countries across the world and the overseas business of the firm has gone up over 50% of its total business.

It is the major player in US domestic market and expected to grow even more in near future. She discussed the company’s growth plans while being interviewed by CNBC-TV18.