The famous eBay Inc, online retailer or rather the best web commerce service online itself announce this Wednesday that it has acquired the mobile software application developer, Critical Path Software, as the company intends to additionally embrace even more selling via mobile. As usual not much terms and details of the deals were disclosed.
The company, Critical Path Software which is based in Portland, Orego has been having business relationship with eBay for almost over two years now and most importantly it has been developing the apps of eBay for Apple Inc's iPhone, which according to eBay has been downloaded by more than 14 million times. Some of the other work of Critical Path includes those for eBay's ticket site StubHub and eBay’s Classified and shopping site Shopping.com.The estimated cost of goods sold via mobile at eBay comes to even more than $600 million as calculated in 2009 whereas it is likely to rise even above $1.5 billion this year. The company owns PayPal, a web payments system, which also allows consumers to pay via mobile. PayPal expects more than $500 million in mobile payment volume around the world for 2010.
No comments:
Post a Comment