|eBay acquires mobile application developer|
Posted: 16-Dec-2010 [Source: eBay]
[eBay acquires mobile application developer Critical Path Software in a push to enhance its presence in mobile commerce.]
San Jose, CA -- eBay Inc. announced it has acquired Critical Path Software, a leading mobile application developer that has worked with eBay for more than two years to help deliver popular mobile apps such as the eBay for iPhone® app, and StubHub, eBay Classifieds and Shopping.com iPhone applications. Critical Path Software’s proven mobile development capabilities will play an integral role in enabling eBay to accelerate improvements to the mobile experience for customers globally. Terms of the agreement were not disclosed.
“We’re very serious about innovating in mobile commerce, and this acquisition underscores our commitment to bringing the very best and brightest in the field to eBay”
“We’re very serious about innovating in mobile commerce, and this acquisition underscores our commitment to bringing the very best and brightest in the field to eBay,” said Mark Carges, chief technology officer and senior vice president, global products, eBay Marketplaces. “Integrating the Critical Path Software team into eBay will be a big win for mobile shoppers around the world; combined with the talent on our team today, we can make shopping and selling anywhere, anytime, for almost anything, even better.”
With more than 200 million listings available globally at any given time on eBay, shoppers have access to a wide selection of merchandise right from their mobile phones. eBay Mobile collaborated with Critical Path Software most recently on eBay Inc.’s most popular mobile app, the iPhone 2.0 core eBay app, which has been downloaded by more than 14 million times since its launch in 2008. Critical Path Software also was a key contributor in developing mobile apps enabling users to buy tickets on-the-go on StubHub; search local listings on eBay Classifieds; and access more than 7,000 global merchants on Shopping.com.
About eBay Inc. Mobile
eBay launched its first application for the iPhone in July 2008 and has since become a leader in mobile commerce. Its core iPhone application, which is available free via iTunes in eight languages and 190 countries, has been downloaded more than 14 million times and allows users to fully browse and buy without leaving the application. The eBay app for the iPad™ debuted in the top ten most downloaded free iPad apps in the iTunes Store and delivers a dramatically different, visually compelling shopping experience to browse and purchase the vast selection of products available on eBay. eBay’s suite of mobile apps, including Selling, Classifieds, StubHub and Deals, make selling and buying possible virtually anywhere, anytime. In 2009, eBay’s mobile gross merchandise volume (GMV) – the value of all goods sold – was more than $600 million. eBay expects to generate $1.5 billion in GMV through mobile commerce in 2010.
eBay Inc.'s PayPal™ division has been delivering mobile payments since 2005 and has a mobile app for iPhone®, Android™, BlackBerry® and Windows® Phone 7 smartphones, as well as SMS and WAP-based payments solutions. PayPal offers merchants an easy way for shoppers to checkout on mobile websites via Mobile Express Checkout and mobile developers can use PayPal for in-app payments using PayPal's Mobile Payments Library. In 2009, $141 million in payments were transacted over PayPal's mobile applications and PayPal expects to close out 2010 with more than $500 million in mobile payment volume from five million PayPal members worldwide.
For more information on eBay Mobile, visit www.ebay.com/mobile.
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