EBay sets aggressive targets for 2015


SAN FRANCISCO: EBay Inc foresees annual earnings growth of 15% to 19% over the next three years, and is targeting an increase in revenue of as much as 68% for the period. The aggressive goals drove its shares up more than 4%.

Executives told analysts at eBay's annual investor day on Thursday that they expected revenue of US$21.5bil to US$23.5bil in 2015, versus US$14bil in 2012, as the company expanded globally, focusing more on local commerce and using mobile technology to lure shoppers.

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Business , EBay , annual earnings growth

   

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