Is it time for an eBay renaissance?

The company has quietly been turning around a few analysts skeptical about its prospects. Can eBay be the bridge between online and offline commerce?

For a company with more than $2.3 billion in annual earnings and $9.1 billion in revenue, it has been shockingly fashionable to write off eBay. The common refrain: eBay is losing marketplace share. It's so Web 1.0. And eBay can't hang with Amazon.

However, eBay has quietly been turning around a few analysts on Wall Street and its powwow Wednesday won a few over. Simply put, eBay has some heady goals between now and 2013. Here's the bottom line outlook:

How will eBay get to that revenue goal? PayPal will carry the company.

Read more of "Is it time for an eBay renaissance?" at ZDNet's Between the Lines.

About the author

    Larry Dignan is editor in chief of ZDNet and editorial director of CNET's TechRepublic. He has covered the technology and financial-services industries since 1995.

     

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