(From BBC News)
Shares in eBay have jumped almost 8% after the online auction site's Paypal unit said its revenues would double by 2013 to between $6bn (£3.7bn) and $7bn. Payments service Paypal could be eBay's largest business within five years, chief executive John Donahoe said. "We are driving the next generation of e-commerce," he added.Read full story >>>
Shares in eBay have jumped almost 8% after the online auction site's Paypal unit said its revenues would double by 2013 to between $6bn (£3.7bn) and $7bn. Payments service Paypal could be eBay's largest business within five years, chief executive John Donahoe said. "We are driving the next generation of e-commerce," he added.Read full story >>>