Shoppers To Spend $400 Million On eBay This Year … Using Its iPhone App (TechCrunch)

Holy m-commerce, Batman! According to eBay CEO John Donahoe , shoppers have already spent about $400 million on the popular commerce site using the company’s free iPhone application . Ok, the shopping part of eBay’s business brought in $1.4 billion in revenue just last quarter , but who would have predicted around half a billion dollar in sales a year would be recorded through the eBay iPhone …

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