32% of eBay’s Growth Attributable to PayPal, Says NY Times

By  |  April 19, 2012
 | 

An analyst speaking to the New York Times attributed 32 percent of eBay’s growth over the past year to PayPal.

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    Colin Gillis, an analyst at BGC Partners, called PayPal “the fastest growing part of the business” in his comments to the Times. The article also notes that, for the first time ever, half of PayPal’s revenue came from overseas operations.

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    Gillis also referred to PayPal as “the quiet leader” in mobile payments, having facilitated $15 billion in transactions last year.

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