EBay Peaks at 9,500 Mobile Transactions an Hour During Holidays

With roughly two weeks to go before Christmas, eBay is predicting that holiday shopping via mobile phones has already peaked. The curve topped out yesterday–on the second Sunday of December, eBay said. In the U.S., mobile gross merchandise volume (GMV) grew to $5 million, a 127 percent increase over the same Sunday last year. On a global basis, mobile transactions generated $13 million, growing 165 percent. The e-commerce site said mobile shopping peaked between 1 pm and 4 pm EST, with more than 9,500 transactions being made per hour.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald