eBay: PayPal Revenue To Double By 2011
Silicon Alley Insider —
Where's eBay's growth going to come from in the next few years? PayPal, its online payment system, executives said today at eBay's analyst day in San Jose.
eBay expects PayPal revenues to double by 2011 to roughly $4-5 billion in sales. PayPal reported $2.4 billion of sales last year, or about 30% of eBay's $8.5 billion of overall sales.
The company also expects Skype to be a $1 billion business in 2011. eBay's Communications business -- Skype -- reported $551 million in sales last year. So that's about 80% growth in three years.
Meanwhile, eBay CEO John Donahoe said that eBay's core auction business would grow slower than the e-commerce ...
eBay analyst day news roundup.
eBay Strategies —
Some news reports are hitting from analyst day that I thought readers would be interested in so I've captured some of them here for your reading+viewing pleasure. Tomorrow and later tonight the stock analysts will chime in as well and I'll try and summarize some of their findings. Also, I have the Citi call with Mahaney (contact him if you want to participate) at 11am ET tomorrow (3/12/09) and after that will be publishing our thoughts on the analyst day and the implications for sellers here. Before jumping into that, eBay has two downloads up from the day:
The presentations are all in this jumbo file
There's a ...
Skype on the Block?
Andy Beal's Marketing Pilgrim —
... eBay has been busy announcing changes and fueling speculation around others. According to the WSJ the online marketplace is going back to its roots as an “internet flea market” , as well as moving away from the retail model that Amazon owns and concentrating more on PayPal. Lots of stuff going on during the post Meg Whitman era, huh? ...
Skype Could Be For Sell, Would You Buy?
WebProNews Feed —
... eBay has been busy announcing changes and fueling speculation around others. According to the WSJ the online marketplace is going back to its roots as an “internet flea market” , as well as moving away from the retail model that Amazon owns and concentrating more on PayPal. Lots of stuff going on during the post Meg Whitman era, huh? ...


