To achieve growth, eBay hopes to stabilize its auction business and surf on Paypal's hyper-growth
The San Jose, Calif.-company core business remains its e-commerce auction marketplace which constitutes about half of eBay’s $8.5 billion annual revenue.
Looking ahead, eBay expects to reach $10 billion to $12 billion in 2011, up from $8.5 billion in 2008, led by strong PayPal growth.
And earnings are also expected to grow, in the mid-single digit range in 2011.
