eBay Inc. (EBAY). CEO of the company, John Donahoe, increased a key forecast for the company's PayPal payments business during an Internet industry conference on Monday. Donahoe said total payment volume, or TPV, transmitted by mobile devices through PayPal's system will be more than $3.5 billion in 2011, during a discussion on stage at the Web 2.0 Summit in San Francisco.
We talked about this last week...PayPal is the money maker here...
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