Friday, January 23, 2004

E-bay does well... so will Paypal

The Automatisering Gids informs us that E-bay has increased its profits with 64 % to 142,5 million US dollar in its fourth quarter of 2004. Over the full year its revenues increased with 78 percent (from 1,21 billion to 2,17 billion) and its profit from 249,9 million dollar to 441,8 million dollar.

The consequence is that there are more than sufficient funds to sustain and support the operations of its payment product and company Paypal. So the only one left to really beat Paypal in the worldwide e-mail payment game is Microsoft.