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eBay Eyes a Huge New Market

eBay  (Nasdaq: EBAY  ) is on something of a hot streak: Its Marketplace segment is going strong, its Q2 revenues were nearly $3.4 billion, and its share price has risen by more than 30% this year. In today's edition, research analyst Lyons George discusses where the shop/auction giant might be heading next: directly into teenage wallets. In a recent interview with The Wall Street Journal, the company's president of global marketplaces hinted at a potential strategic shift toward allowing minors to set up and spend on their own accounts. Watch as Lyons discusses the massive potential -- and possible pitfalls -- of adding minors into the revenue mix.

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Lyons George has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple,, Facebook, and Google. Motley Fool newsletter services recommend, Apple, eBay, Facebook, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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  • Report this Comment On July 29, 2012, at 10:40 AM, Powerplayer23 wrote:

    I agree that PayPal Will lead this market and not just for adopting minors into the system, but I do strongly believe that PayPal will spin off as a public company and maybe even equire a bank. There is no reason PayPal can't bypass the old credit cards network entirely and become a completely stand alone payment vehicle issuing lines of credits to teens and college students, no need to load your wallet with a visa and MasterCard, this will save PayPal and customers over 3%. PayPal needs to be a stand alone public company and bypass the visa MasterCard network all together, maybe even have it preloaded into smart phones with a line of credit builte into your phone..

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