eBay Lays Out 3-Year Growth Plan; Refocusing on PayPal

At a time when most companies aren’t willing to offer guidance on the March quarter, eBay is laying out its vision for 2011. And what it sees is a big opportunity for PayPal. In connection with the company’s analyst meeting today, eBay said its growth will be driven by its two core businesses: PayPal and e-commerce. In something of a repositioning, the company says that PayPal “has become a second core business,” with an opportunity to become even bigger than eBay Marketplaces.