EBay CEO says mobile commerce will ring up $500M in sales this year

10/26/2009 | Internet Retailer magazine

M-commerce has blossomed into a full-fledged sales channel at eBay, where a popular iPhone app and other innovations have the Internet retailer poised for another prosperous year. "The eBay iPhone app, which has been downloaded more than 4 million times, is expected to generate more than half a billion dollars in gross merchandise value this year," said eBay CEO John Donahoe.

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