eBay Eyes a Huge New Market
eBay (NAS: EBAY) is on something of a hot streak: Its Marketplace segment is going strong, its Q2 revenues were nearly $3.4 billion, and its share price has risen by more than 30% this year. In today's edition, research analyst Lyons George discusses where the shop/auction giant might be heading next: directly into teenage wallets. In a recent interview with The Wall Street Journal, the company's president of global marketplaces hinted at a potential strategic shift toward allowing minors to set up and spend on their own accounts. Watch as Lyons discusses the massive potential -- and possible pitfalls -- of adding minors into the revenue mix.
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The article eBay Eyes a Huge New Market originally appeared on Fool.com.Lyons George has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com, Facebook, and Google. Motley Fool newsletter services recommend Amazon.com, Apple, eBay, Facebook, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.