Thursday, March 28, 2013

Reuters: Technology News: EBay CEO says company to enable $300 billion of business in 2015

Reuters: Technology News
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EBay CEO says company to enable $300 billion of business in 2015
Mar 28th 2013, 16:20

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A sign is shown at the headquarters of eBay in San Jose, California February 2, 2010. REUTERS/Robert Galbraith

A sign is shown at the headquarters of eBay in San Jose, California February 2, 2010.

Credit: Reuters/Robert Galbraith

SAN FRANCISCO | Thu Mar 28, 2013 11:42am EDT

SAN FRANCISCO (Reuters) - EBay Inc Chief Executive Officer John Donahoe said on Thursday that the company would enable $300 billion of commerce in 2015, up from $175 billion in 2012.

That forecast includes sales on eBay's online marketplace, payments processed by PayPal and other transactions touched by the company's various businesses, such as GSI Commerce.

"That's one of the ways we will measure our success," Donahoe said during eBay's investor day at its headquarters in Silicon Valley.

(Reporting by Alistair Barr; Editing by Lisa Von Ahn)

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