eBay Sees Big Boost in Mobile App Users in Q1

On Thursday morning, global commerce platform and payments giant eBay reported revenue for the first quarter ended March 31, 2013.

All told, revenue spiked 14% to $3.7 billion, compared to the same period of 2012.

Downloads of eBay Inc.’s suite of mobile apps expanded the company’s overall commerce footprint, surpassing 162 million since launch in the third quarter of 2008.

For the entire quarter, eBay Inc. gained approximately 2.8 million new customers through mobile, driving double-digit growth in active users at both PayPal and Marketplaces.

“We had a strong first quarter, with accelerating user growth across both Marketplaces and PayPal, and with GSI enabling their retail clients to grow faster than ecommerce,” said eBay CEO John Donahoe on Thursday morning. “Technology is creating a commerce revolution, and we are in the forefront with strong mobile leadership and a focus on helping retailers and brands engage consumers anytime, anywhere.”

To read eBay’s full earnings report, click here.