Yes, well, that was probably obvious.  More and more people are opening up Paypal and eBay accounts and making money through buying and selling things that people are looking for.  And now some of the major retailers are thinking about following suit.  So in the next couple years, you might start seeing name-brand merchandise.

"EBay, the Web site where people once auctioned off the detritus of attics and garages, is quietly positioning itself to become a force in mobile retailing, as evidenced by a sustained turnaround of its Internet marketplace and the soaring popularity of the PayPal online payment system.

EBay reported Wednesday that net income in the first quarter rose 20 percent to $570 million, or 44 cents a share, from the same quarter a year earlier.

The company said revenue climbed 29 percent to $3.3 billion.

The company’s chief executive, John J. Donahoe, who has been trying to effect a turnaround at the company for several years, described the numbers as “a strong start of the year” and hinted at the need to do more with mobile devices to compete with rivals like Amazon and Google."

Source: New York Times

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