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  • eBay Expects To Grow Revenue By 50 Percent In 2015

    eBay Expects To Grow Revenue By 50 Percent In 2015

    Earlier this year, eBay posted revenue growth of 21 percent year-over-year. Over the next three years, it hopes to increase revenue even more.

    In a meeting with investors, eBay announced that it plans to continue growing through 2015 thanks to a “commerce revolution.” This revolution will be spearheaded by the transition to mobile as more and more people take to the Web to buy and sell.

    “Led by mobile, a commerce revolution is under way,” said eBay Inc. President and CEO John Donahoe. “Technology is creating a new web-enabled retail interface, a new seamless, multiscreen commerce experience that connects consumers anytime, anywhere. This will expand shopping beyond conventional store environments and e-commerce sites. How we shop is being transformed, and eBay Inc. intends to be a leader in this new commerce world.”

    This outlook is not only good for investors, but for the millions of people who sell on eBay. In fact, the company thinks it will enable $300 billion of global commerce in 2015, compared to $175 billion in 2012. It also hopes to grow its revenue from by over 50 percent to $21.5 billion in 2015.

    So, how is eBay going to do this? The company has a three pronged approach:

  • An expanded addressable market. eBay Inc. is no longer just an e-commerce company, but a global commerce leader, Donahoe said. That means the company now has growth opportunities across the estimated $10 trillion commerce market.
  • Mobile commerce leadership and innovation. eBay Inc.’s mobile innovation capabilities across all operating systems and devices are a competitive advantage, Donahoe said. In 2013, the company expects to generate $20 billion of mobile commerce and payments volume.
  • A strong portfolio of technology assets and capabilities. The company’s core businesses and assets well position eBay to capitalize and win in the new commerce environment.

    • As for other eBay properties, the company expects its Marketplaces business to reach revenues of $11.5 billion in 2015, or a 14 percent compound annual growth rate. PayPal is also expected to reach revenue growth of $10.5 billion, or a 22 percent compound annual growth rate.

  • Telecommunications Industry Grows Despite Uncertainty

    Uncertainty about the global economy doesn’t seem to be hindering the growth of the telecommunications industry. Currently at 2.1 trillion, revenue from services are expected to grow to 2.7 trillion by the year 2017.

    This news comes to us from The 2012 Telecommunications Industry Review: An Anthology of Market Facts and Forecasts.

    Just as the costs and availability of other utilities, like water and electricity have shaped our perceptions and behaviors, communications will continue to play an even more prominent role in our lives. The growing Asian market has a great requirements for communication technology both wire-based and wireless. Though overall growth is expected in both categories, the biggest demand will be for wireless 3 and 4G networks.

    As the need increases more jobs will be created, more online services will be created, and so will other services built around them. Manufacturing, shipping, data management, and countless other things that go along with the trend.

    While the economy may be dragging at the present, the technological golden age will continue to drive growth. The five year projections highlighted in the report suggest a 5.3 % growth rate overall. Total wireless revenues are expected to rise 64% above the current. All this suggests good things are happening both domestically and globally.