eBay Inc. Announces Three-Year Roadmap For Growth

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http://investor.ebay.com/releasedetail.cfm?ReleaseID=370291

eBay Inc. Announces Three-Year Roadmap For Growth

Company provides long-term financial outlook at analyst meeting

San Jose, Calif., – March 11, 2009 – eBay Inc. (NASDAQ: EBAY) today shared with investors at a company-held meeting a roadmap of its growth plans through 2011. The company provided details of its strategies to drive leadership in the company’s two core businesses — its PayPal global online payments business and its ecommerce marketplace and other ecommerce formats that connect buyers and sellers.

eBay Inc. continues to rapidly extend its global leadership in online payments through PayPal. John Donahoe, eBay Inc. president and chief executive officer, stressed the enormous potential of PayPal. Donahoe said PayPal has become a second core business for the company, with an opportunity bigger than eBay Marketplaces because PayPal targets all of ecommerce.

“We expect PayPal to become the next leading online global payments network,” Donahoe said. “Increasingly for online consumers, there’s no paper, no plastic – there’s just PayPal. We believe this business is one of the most exciting and high-potential opportunities anywhere online today.”

http://investor.ebay.com/releasedetail.cfm?ReleaseID=370291