Seeking Alpha

EBAY
eBay Inc.

5/22/2012, 2:00 PM ET
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EBAY Market Currents more »
  • 8:06 AM The FTC speeds up its investigation of Google's (GOOG +0.3%) competitive practices, Bloomberg reports, asking for information from rivals about the company's behavior. The requests to the firms, which include eBay (EBAY), were sent prior to the EU saying yesterday that Google has a "matter of weeks" to resolve a probe and avoid possible fines. [Tech, Consumer]
  • Friday 5:04 PM App analytics firm New Relic estimates PayPal (EBAY) accounts for a whopping 60% of web payment transactions, more than 3x that of #2 processor Authorize.net. Google Checkout (GOOG) came in fifth place with a ~3% share. eBay's PayPal revenue rose 32% Y/Y in Q1 on the back of 24% volume growth. The company is hoping PayPal's offline and mobile payments initiatives will drive further growth. [Tech]
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Company Description

eBay Inc. was formed as a sole proprietorship in September 1995 and was incorporated in California in May 1996. In April 1998, we reincorporated in Delaware, and in September 1998, we completed the initial public offering of our common stock. Our principal executive offices are located at 2145... More