03 August 2012 10:29
UK consumers use their mobile phones and tablets for shopping more than any other country in the world, according to eBay.
The company's core mobile application has been downloaded 90 million times and it expects to take $10 billion (£6.4 billion) worth of transactions in 2012 – double the number of transactions it took in 2011.
eBay's collection of mobile applications, with help from its acquisition of PayPal, has caused something of a renaissance inside the company's finances, with secon-quarter profits for 2012 hitting $692 million, up from $283 million in the same period last year.
eBay says it receives 17 million visits a month via its mobile applications and that there are now over 100 high street brands selling their goods direct through eBay. It's also no longer solely focused on auctions, with 65% of goods being sold at fixed prices either by one of eBay's 180,000 registered businesses or a high street brand, bringing its business more in line with the likes of Amazon and Play.com.