Tuesday, July 28, 2009

eBay Changes To Continue

eBay CEO John Donahoe said yesterday that eBay will continue making changes [to it's business model] over the next three to four years. eBay is moving from 40% fixed price and 60% auction format to a 60% fixed price and 40% auction format, he said.

The most recent change is that Paypal which is 35% of eBay's sales now has developed the technology behind TwitPay, the new Twitter addition that allows Twitter users to send money to another Twitter user using TwitPay. Go to TwitPay for details.