eBay, PayPal Enjoy Record-breaking Black Friday

Both eBay and PayPal have reported record-breaking levels of mobile activity on Black Friday (23 November).

While it is not quoting actual revenues, eBay says that mobile-transacted volumes in the US on Black Friday were more than 2.5 times that of Black Friday 2011 – 153 per cent more, to be precise. eBay also posted a 135 per cent increase in mobile-transacted volumes on Thanksgiving Day, compared to the same day in 2011.

Meanwhile, PayPal says that Black Friday was its biggest mobile shopping day to date. The company saw a 173% per cent increase in the number of customers shopping through mobile on Black Friday 2012, compared to the previous year. It also witnessed a 193 per cent increase in mobile payment volumes on Black Friday 2012, compared to Black Friday 2011.

The busiest mobile shopping period on Black Friday 2012 was between 12 noon and 1:00 p.m. PST. The top five cities for mobile purchase through PayPal were, in order: Houston, Chicago, Los Angeles, Miami and New York.

Array