A bit more interesting is that Donahoe says that eBay is no longer an online auctions company, nor a retail company. He says it's "an eCommerce platoform provider with a simple, unified vision: to connect buyers and sellers." eBay is focusing on the "secondary market."
The eBay Ink blog quotes him on what he said about the company's Skype business:
"When we bought Skype," he said. "We were wrong. We thought it would reduce friction in commerce and payments." He went on to say that we’re done apologizing for Skype. It’s a great business that is well positioned as a communications leader.
PayPal President Scott Thompson says that PayPal expects to double in size by 2011. He said they expect to process 14% of global ecommerce transactions.
The mobile market likely
Time will tell if PayPal lives up to its own expectations. eBay is already
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