EBay Rang Up $2 Billion in Mobile Sales in 2010

EBay said today that global mobile sales more than tripled in 2010, generating nearly $2 billion in gross merchandise volume. (GMV is the total value of all successfully sold items on eBay, regardless of whether the buyer and seller finalized the deal.) While that’s good news for the retailer, which has seen overall revenue growth slow down, it is still a small sliver of the overall pie. In comparison, eBay reported total GMV of $44.9 billion in the first three months of 2010. In the U.S., eBay said mobile sales grew nearly 175 percent year-over-year, generating nearly $850 million in GMV in 2010.


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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