eBay Inc. (EBAY) - NASDAQ
  • Jul. 13, 2012, 7:03 PM
    Bill Me Later, eBay's (EBAY) other big online payments business, continues to perform well. Bought for $945M in 2008, BML delivers short-term credit to online shoppers. It generated $2.3B worth of loans last year (+64% Y/Y), and has become the Web's #3 alternative payment option. Morgan Stanley's Scott DeVitt thinks BML, whose usage comes with the ancillary benefit of allowing PayPal to avoid transaction fees, could generate $500M+ in revenue in 2015, up from less than $200M in 2011.
    | Jul. 13, 2012, 7:03 PM | 6 Comments
  • Jul. 6, 2012, 1:42 PM
    Visa and MasterCard's reported swipe-fee settlement could be a positive for PayPal (EBAY -2.2%), writes Wedbush's Gil Luria. The interchange concessions that are said to be part of the deal would translate into lower fees for PayPal, in addition to the retailers involved in the dispute. Luria expects eBay to eventually earn Visa/MasterCard-like multiples as PayPal's offline payment efforts bear fruit.
    | Jul. 6, 2012, 1:42 PM | 2 Comments
  • Jun. 28, 2012, 10:01 AM
    A downbeat note from ITG Research is taking a toll on eBay (EBAY -2.6%) which has outperformed during the recent tech selloff. ITG says its checks indicate macro trends are affecting eBay's ASPs, and resulting in a modest slowdown in e-commerce activity. It expects eBay to post Q2 revenue of $3.29B, below a consensus of $3.36B.
    | Jun. 28, 2012, 10:01 AM | 2 Comments
  • Jun. 26, 2012, 7:42 AM

    eBay (EBAY) is initiated a Buy with $50 price target at Needham. Notably bullish on eBay's Marketplaces business, Needham expects strong revenue growth there to prompt upward guidance from management.

    | Jun. 26, 2012, 7:42 AM | 2 Comments
  • Jun. 20, 2012, 5:15 PM

    PayPal's (EBAY) site, whose appearance hasn't changed much in years, is in the process of receiving a huge makeover. The revamped site offers a simplified layout and menus, and adds an "Explore" button to highlight new services. PayPal has turned into eBay's main growth engine, and is trying to rapidly expand its offline and mobile footprints.

    | Jun. 20, 2012, 5:15 PM | 1 Comment
  • Jun. 18, 2012, 11:24 AM

    eBay (EBAY +3.5%) trades higher, fueled in part by positive comments and a new initiation from Keefe Bruyette at Outperform. Analysts set their price target for EBAY at $50 on their belief that the company will continue to set new multi-year highs as it remains a growth story.

    | Jun. 18, 2012, 11:24 AM | 2 Comments
  • Jun. 13, 2012, 1:08 PM

    More on mobile payments: VC Lee Hower argues mobile payments solutions have failed to take off (he doesn't see Square as one) because they simply act as another means of paying via credit card, rather than creating "a new store of value." Also, current approaches suffer from both a chicken & egg problem between merchants and buyers, and a need to change human behavior. However, he thinks a major push from credit-card issuers, Apple/Google, or the government could spur adoption.

    | Jun. 13, 2012, 1:08 PM | 1 Comment
  • Jun. 13, 2012, 12:56 PM

    Square says it's now processing transactions at a $6B annual run rate - it was only several weeks ago the company said it hit $5B. Square also says it has hired Salesforce.com Finance/Strategy VP Sarah Fair to be its new CFO, as well as execs from PayPal, Apple, and Tesla. Square's rapid growth comes as Google Wallet (GOOG) and many other mobile payments platforms see limited traction. PayPal (EBAY), Verifone (PAY), and Groupon (GRPN) are trying to mount challenges (I, II, III).

    | Jun. 13, 2012, 12:56 PM
  • Jun. 12, 2012, 12:41 PM

    TiVo (TIVO +1.5%) edges higher after striking a deal with PayPal (EBAY) to integrate the latter's payment services with its set-top boxes. The deal will allow consumers to use PayPal to buy products featured in ads within TiVo's user interface/program guide. TiVo says it will work with advertisers and agencies to develop PayPal-enabled ads, with the first ones arriving this fall.

    | Jun. 12, 2012, 12:41 PM
  • Jun. 11, 2012, 7:16 PM

    The 400M credit card numbers Apple (AAPL) has on hand has already contributed to iOS' lead over Android with regards to app monetization. Now, with the release of its Passbook app, the NYT's Nick Bilton thinks they could give Apple a boost in the mobile payments space, which features intense competition between EBAY, GOOG, Square, and others. Passbook can store tickets, gift cards, boarding passes, and other items, but doesn't yet handle credit-card transactions.

    | Jun. 11, 2012, 7:16 PM | 9 Comments
  • Jun. 4, 2012, 3:20 PM

    eBay (EBAY +0.5%) could be contemplating a major change to its fee structure if its history of conducting a survey in advance of rolling out a new feature is repeated. A recent survey asked sellers how they would react to different scenarios under a free-listing model, compared to the insertion fee format where they may pay eBay a smaller portion of their sales proceeds.

    | Jun. 4, 2012, 3:20 PM | 3 Comments
  • Jun. 4, 2012, 2:30 PM

    As PayPal (EBAY), Verifone (PAY), and perhaps now Groupon (GRPN) dream of challenging (I, II, III) Square's dominance of the mobile credit-card reader market, the startup's phenomenal growth and massive distribution network is making the challenge more and more daunting. Following new distribution deals with Walgreens, Staples, and FedEx, Square boasts its readers are now available in 20K U.S. outlets, up from 10K at the beginning of the year.

    | Jun. 4, 2012, 2:30 PM | 1 Comment
  • May 25, 2012, 6:37 PM
    Is Google Wallet (GOOG), off to a sputtering start, a victim of its dependence on NFC technology? Not only are NFC chips found in only a small (albeit growing) percentage of phones, the technology requires an ecosystem that doesn't exist, in part due to rival agendas. Meanwhile, PayPal (EBAY) is rolling out an app-based service that allows users to pay before walking into a store, and Starbucks has had success with a solution that scans barcodes appearing on a phone's display. Then there's Square.
    | May 25, 2012, 6:37 PM | 1 Comment
  • May 25, 2012, 12:00 PM

    Groupon (GRPN) bear Rocky Agrawal has obtained an e-mail suggesting the company will launch a credit-card reader that charges a fee of just 1.8%, along with a $0.15 transaction charge. This compares with a fee of 2.75% for fast-growing Square, and 2.7% for solutions (I, II) from PayPal (EBAY) and Verifone (PAY), but with no transaction charge. Consider this part of Groupon's efforts to brand itself as a broader solutions provider for local merchants, rather than a mere daily deals company.

    | May 25, 2012, 12:00 PM
  • May 24, 2012, 4:27 PM

    Having just struck a major partnership with Verifone, PayPal (EBAY) is announcing 15 new retail partners for its offline payment solutions. Prominent names include  Abercrombie, American Eagle, Barnes & Noble, Foot Locker, J.C. Penney, Office Depot, and Toys "R" Us. Home Depot has already done a commercial launch of PayPal's solutions.

    | May 24, 2012, 4:27 PM
  • May 24, 2012, 11:25 AM

    PayPal's (EBAY) tie-up with payment-processing rival Verifone (PAY) is all about fending off Square, suggests Owen Thomas. PayPal, while expanding its offline partnerships, doesn't have Verifone's retail reach, and Verifone can't match PayPal's low cost structure. While PayPal and Verifone have each released rival offerings (I, II) to Square's credit-card reader, their deal is an attempt to halt Square's efforts to move upmarket and sell retailers on a soup-to-nuts payment solution.

    | May 24, 2012, 11:25 AM | 1 Comment
Company Description
eBay, Inc. provides online market places for the sale of goods and services as well as other online commerce or ecommerce, platforms and online payment solutions to a diverse community of individuals and businesses. The company operates its business through three segments: Marketplaces, Payments... More
Sector: Services
Industry: Catalog & Mail Order Houses
Country: United States