With A Declining Core Business And Increased PayPal Competition, Is eBay Still A Buy?
- eBay experienced a decline in core business revenues as a portion of total revenues.
- eBay launched new mobile ad network to use its enormous database and monetize its huge knowledge over shopping habits of its users.
- New players in the payment services market increase competitive pressure over PayPal but do not possess a real threat to the company.
- Possible collaboration with Samsung to compete with Apple Pay may create a new emerging revenues stream for PayPal.