What eBay's Recent Acquisition Means for Investors

Before you go, we thought you'd like these...
Before you go close icon

Make no mistake about it: Mobile payments are bound to become a red-hot industry in the future. IDC believes that worldwide mobile payments will surpass $1 trillion by the time 2017 rolls around. Through its online payment business PayPal, eBay has the early lead in the mobile payment revolution. This year, the company expects its PayPal platform to do more than $20 billion in mobile transaction volume. Looking to strengthen this position in mobile payments, eBay has recently acquired Duff Research, which will help drive future innovation to its mobile payment platform. In this video, Motley Fool contributor Steve Heller discusses eBay's motivation for purchasing Duff Research and what investors can expect out of the deal.


To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.


 
 

The article What eBay's Recent Acquisition Means for Investors originally appeared on Fool.com.

Fool contributor Steve Heller owns shares of eBay. The Motley Fool recommends and owns shares of eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners