Business

market movers

EBay sees solid growth in years ahead

‘‘Led by mobile, a commerce revolution is under way,’’ said chief executive John Donahoe.
reuters/File 2012
‘‘Led by mobile, a commerce revolution is under way,’’ said chief executive John Donahoe.
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EBay Inc. expects revenue and profit to keep heading higher in coming years as its e-commerce business and fast-growing PayPal payments service continue to expand. EBay expects revenue to reach $21.5 billion to $23.5 billion in 2015, up from $14.1 billion in 2012, and adjusted earnings per share to grow 15 to 19 percent from 2012 to 2015. EBay said it is focused on growing its mobile commerce business.