EBay's CEO sees a future in PayPal, not devices

10/26/2010 | CNBC

EBay has no plans to imitate Amazon by creating devices such as the Kindle that serve to push product sales, CEO John Donahoe said this week. In a CNBC interview, Donahoe also detailed his expectations that PayPal, whose business is growing faster than initially expected, eventually will overtake merchandise sales as the company's top revenue producer.

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