PayPal does not know the crisis

PayPal payment platform owned by eBay has delivered some figures on its activity during the second quarter. Thus we learn in a press release that the volume of payments processed increased 20% year on year to reach $ 34.5 billion for revenues of $ 1.3 billion (+26% on one year).

"This good result is mainly related to the development of the solution PayPal within the eBay platform and the continued growth in the number of new merchants and active users," says PayPal indicating count of 113.2 million users at end June (+13% yoy).

Bond of mobile

The other engine of this growth is the motive which forecasts 2012 were revised upwards. "We now expect to manage $ 10 billion volume of mobile payments, which represents an increase of 150% over last year," said David Marcus, president of PayPal.

Regarding eBay, the e-commerce platform has achieved a turnover of $ 3.4 billion for the second quarter (+23% yoy) with net income (non-GAAP) 730 million dollars.
You have read this article older with the title PayPal does not know the crisis. You can bookmark this page URL http://angryblackmf.blogspot.com/2012/07/paypal-does-not-know-crisis.html. Thanks!

No comment for "PayPal does not know the crisis"

Post a Comment