Will Google Buy eBay?
Gregory Alan Bolcer stashed this in Acks
Stashed in: Google Acquisitions
Ebay could use some Google magic about now.
that would help make it more amazon-y.
Google needs payments more than commerce.
In 2012, eBay's online payment site PayPal processed $145 billion and accounted for approximately 40% of eBay's revenue.
Google has an online payment service called "Google Wallet," but a stake in eBay would vastly expand GOOG's market share in the industry - which is absolutely soaring due to mobile growth.
By 2017, the mobile payment sector is predicted to be worth $721 billion, according to data compiled by Statista, compared to $235.4 billion in 2013.