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eBay Believes Mobile Wallets Could Challenge Amazon

According to a recent New York Times article, eBay has been cooking up some elaborate future plans for technology to help the company compete against Amazon. While the company is primarily known for its auctions, today, those auctions represent only 30 percent of eBay’s sales. Since 2008 when CEO John Donahoe joined eBay, the company expanded its focus. Some of these efforts include acquisitions …

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