eBay and Paypal will do $10 billion in 2012

eBay Inc. CEO John Donahoe:

“I think it’s very hard to underestimate the impact of the mobile revolution,” Donahoe said on CNBC. “We made a very big bet on mobile three or four years ago, and it’s really paying off,” he added. “Ninety million people have now downloaded the eBay mobile app, and we’ll do over $10 billion of volume on our mobile apps this year.”

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