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eBay, Skype, Paypal – Power of 3

Posted by Michael Bloch in ecommerce (Saturday May 6, 2006 )

Ebay held its financial analyst conference in San Jose, California a couple of days ago and some interesting plans for PayPal, eBay and Skype were tabled along with first quarter performance figures.

eBay Europe is pegged to become a larger business than it is in the USA and Asia is currently eBay’s fastest growing market.

In the first quarter of 2006, eBay’s Marketplaces generated more than $1 billion in revenue. This was a first in the history of the service.

Paypal saw the first quarter of 2006 end with in excess of 105 million accounts globally and $8.8 billion in payment volume.

Skype recently surpassed the 100 million registered users of its VoIP (Voice over Internet Protocol) service.

Future plans include SkypeMe buttons on eBay listings which can assist in the sale of high value items such as new cars. It appears that this functionality is already being trialed in some international markets.

Groundwork has also been laid for features such as a pay per lead generation platform, also powered by Skype, which could address ecommerce segments traditionally not well suited to eBay’s model, such as local services.

Incorporating PayPal Send and Request Money functions into Skype software and giving a PayPal Wallet to every Skype user are other ideas being discussed.

Skype has also recently introduced a preview of Skypecasts; which are live, moderated conversations allowing groups of up to 100 people to communicate with each other in real time. This could be a particularly useful service for the blogging community – a blogger will be able schedule a Skypecast and link to it from their site.

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