eBay and PayPal deliver new world-class mobile shopping solutions for
carriers, merchants and consumers

27/02/2012 — BARCELONA, Spain — (BUSINESS WIRE)

eBay
Inc. (NASDAQ:EBAY), a global leader in mobile commerce with
its suite of eBay and PayPal mobile applications, today kicked off
Mobile World Congress with announcements of a new partnership with major
carrier Three.co.uk; strategic integrations with merchants such as Yotel
and Entradas.com; and mobile app updates that evolve mobile commerce
selling and shopping experiences for consumers.

The announcements underscore eBay’s commitment to leading mobile
commerce innovation and building out a robust mobile commerce ecosystem
with carriers, merchants and consumers worldwide. In 2011, eBay mobile
commerce generated $5 billion in retail volume, and PayPal mobile
generated $4 billion in payment volume. eBay’s mobile apps have been
downloaded more than 70 million times. In 2012, eBay expects to do $8
billion in mobile commerce retail volume, and PayPal expects to process
$7 billion in mobile payment volume.

“Mobile commerce is changing the way people shop and pay, and the ways
in which merchants of all sizes engage consumers,” said John Donahoe,
eBay Inc. President and CEO. “We’re seeing a new retail paradigm emerge
through mobile. Consumers are in control, and they want to shop anytime,
anywhere. That creates opportunity. eBay is driving mobile commerce
innovation, partnering with carriers and merchants to build a new retail
ecosystem that drives growth by delivering anytime, anywhere value and
rich multichannel shopping experiences for consumers.”

eBay and PayPal Partner with Carriers to Drive Mobile Commerce

eBay and Three.co.uk have partnered to deliver mobile devices pre-loaded
with eBay apps, bringing the mobile shopping experience directly to
consumers. With this deal, Android smartphones on the UK’s fastest
growing network will now come with eBay’s mobile app directly on the
device. The move will mean Three and eBay’s customers can enjoy a quick,
easy and direct shopping experience.

PayPal launched today the PayPal Carrier Payment Network, to make mobile
carrier payments more viable for a wider number of online merchants.
PayPal will work with its 250+ carriers and 1,500+ digital goods
merchants to expand the carrier payment experience and create a win-win
situation for carriers, merchants and consumers. The initiative will
require that carriers revise standards to help optimize user experience,
increase flexibility of carrier payments as a payment method, and
increase payout rates for merchants, allowing carrier payments to
address the entire digital goods industry, which is expected to grow
to $220 billion by 2014 according to Juniper Research.

Merchants Rush to Adopt PayPal Services to Expand Mobile Commerce

PayPal teamed up with Spain’s leading ticketing company, Entradas.com,
to allow consumers to save time and skip the line by buying tickets with
a mobile phone and PayPal. Since integrating PayPal into its app a few
weeks ago, Entradas.com has already seen more than 15 percent of
customers purchase tickets using PayPal.

PayPal has collaborated with Yotel to allow consumers to soon book a
room at Yotel’s flagship hotel in New York, or one of their stylish
cabins at London Heathrow & Gatwick and Amsterdam Schiphol airports,
with PayPal on your smartphone. Travelers can book on any smartphone
using the browser – there’s no need to download an app, simply visit the
Yotel website on a mobile device and follow the instructions to book a
room in under 60 seconds.

eBay Delivers Solutions for Consumers

In addition to enabling commerce for merchants and carriers, eBay’s
mobile apps connect consumers to a global network of sellers. eBay
mobile helps consumers find the products they want in the palm of their
hands, anytime and anywhere inspiration strikes. For individual buyers
and sellers, eBay continues to drive exchange with a portfolio of apps,
including eBay
Core, RedLaser
3.0, eBay
for iPad and Image
Swatch that facilitate global exchange through seamless search,
comparison, bid and pay functionality.

With the version 2.5.0 update to the eBay Core app for iPhone, eBay now
delivers the ability to calculate shipping, research pricing trends and
make sales from virtually anywhere, as well as offering improved image
quality, push notifications on bids and Twitter integration.

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is a global
commerce platform and payments leader connecting millions of buyers and
sellers. We do so through eBay, the world’s largest online marketplace,
which allows users to buy and sell in nearly every country on earth;
through PayPal, which enables individuals and businesses to securely,
easily and quickly send and receive digital payments; and through GSI,
which facilitates ecommerce, multichannel retailing and digital
marketing for global enterprises. X.commerce brings together the
technology assets and developer communities of eBay, PayPal and Magento,
an ecommerce platform, to support eBay Inc.’s mission of enabling
commerce. We also reach millions through specialized marketplaces such
as StubHub, the world’s largest ticket marketplace, and eBay classifieds
sites, which together have a presence in more than 1,000 cities around
the world. For more information about the company and its global
portfolio of online brands, visit www.ebayinc.com.

Forward Looking Statement

This announcement contains forward-looking statements relating to the
future performance of eBay’s businesses that are based on its current
expectations, forecasts and assumptions. These statements include, but
are not limited to, statements regarding future growth in mobile
commerce. Those statements involve risks and uncertainties, and actual
results may differ materially from those discussed. Factors that could
cause or contribute to such differences include, but are not limited to,
consumer acceptance and use of eBay’s mobile applications.

CONTACT:

For eBay Inc.
Johnna Hoff, 408-250-8644
jhoff@ebay.com
or
Anuj
Nayar, 408-967-5730
Anayar@PayPal.com
or
Angie
Ayala-Oksanen, 650-762-2952
angie.ayala-oksanen@edelman.com

KEYWORDS: United Kingdom United States Europe North America California Spain

INDUSTRY KEYWORDS: Technology Consumer Electronics Online Retail Internet Software Mobile/Wireless Retail

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