Dock of the eBay

The New York Times has published a retrospective piece on online auction site eBay. So if you want a dose of early-Internet nostalgia, check it out…just kidding. According to the NYT, eBay has flourished in recent years, and it’s all thanks to mobile retail and payments. And maybe women’s purses. From the article:

As consumers embrace shopping on their smartphones, “mobile continues to be a game-changer,” Mr. Donahoe said. He noted that 90 million users had downloaded eBay’s mobile app and that 600,000 customers made their first mobile purchase during the most recent quarter. “A woman’s handbag is purchased on eBay mobile every 30 seconds,” he said. “Mobile is revolutionizing how people shop and pay.”

Image source: Wikimedia Commons