eBay Announces New PartnershipsBy: Mike Fossum - February 27, 2012
Today at the Mobile World Congress in Barcelona, eBay announced new partnerships with Three.co.uk, Yotal and Entradas, and unveiled new mobile app updates that enhance mobile commerce capabilities. eBay and Three.co.uk have paired up to deliver Android devices preloaded with eBay mobile apps, on the UK’s fastest growing mobile network.
eBay’s PayPal suite has aligned with Spain’s ticketing company Entradas, to allow users to get tickets on a mobile device, and also Yotel, for users to book rooms on their smartphones. PayPal also launched its PayPal Carrier Payment Network, which makes mobile payments easier for more merchants. According to Juniper Research, the digital goods industry in expected to bring in $220 billion by 2014, with eBay having a relevant stake.
In 2011, eBay mobile commerce generated $5 billion, and PayPal mobile generated $4 billion in payment volume, with its mobile apps having been downloaded more than 70 million times. In 2012, eBay expects to do $8 billion in mobile commerce retail volume. John Donahoe, president and CEO of eBay Inc., states, “mobile commerce is changing the way people shop and pay, and the ways in which merchants of all sizes engage consumers. eBay is driving mobile commerce innovation, partnering with carriers and merchants to build a new retail ecosystem that drives growth by delivering anytime, anywhere value and rich multichannel shopping experiences for consumers.”
eBay also just released its new Core mobile app version 2.5.0 update or iPhone, which now delivers shipping calculations, can research pricing trends and make sales possible from virtually anywhere. The update also includes improved image quality, push notifications on bids and Twitter integration.