eBay CEO Continues Further the Brand
eBay Inc. will receive a significant $2.3 billion from the sale of its remaining 30% stake in internet-phone provider Skype. Chief executive officer, John Donahoe, said in an interview with the Wall Street Journal that they will use that money to make acquisitions and return money to investors through share buybacks. In particular, eBay wants to invest in tools that allow customers to shop, locate goods and compare prices while using their mobile phones. “Our purpose is to bring consumers the best experience to find what they want, how they want and when they want it, whether it’s on eBay or otherwise,” Mr. Donahoe said. “A lot of eBay innovation will be around mobile.” [via Wall Street Journal]
GNC Supplements Mobile Site and App with PayPal Mobile Express Checkout
General Nutrition Center Inc. has partnered with PayPal to speed up purchases by having customers log-in to their PayPal accounts on the GNC mobile commerce site and app. GNC’s m-commerce technology provider, Branding Brand, has integrated PayPal Mobile Express Checkout, allowing customers to stay on the GNC site or app for a seamless transaction. [via Internet Retailer]
Xbox Live Getting PayPal Function
Microsoft Xbox 360 users can now pay for digital downloads with their PayPal accounts. This is not only convenient for Xbox players, but also adds a layer of security to its gaming systems. Users will have to go to Xbox.com to link their PayPal account to their Xbox LIVE account.[ via gamrFeed]
Further News
+ Rent the Runway scores $15 million from Kleiner Perkins
+ Major banks join together to make money transferring convenient
+ Research reveals a growth in e-commerce site development
Looking Back on eBay Ink
May 19, 2010: A video taken by Melinda Jackson of RRBradio interviewed me at eBay: On Location Dallas and posted footage on her blog. We talk about the eBay On Location events, the history of eBay Ink and the possible future developments to the corporate blog… Here you go.



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