The company has been making a particularly strong push in mobile commerce and developing new applications for its e-commerce platforms.

In 2012, eBay expects to do $8 billion in mobile commerce retail volume, and its electronic payments system PayPal expects to process $7 billion in mobile payment volume.

In 2011, eBay mobile commerce generated $5 billion in retail volume, and PayPal mobile generated $4 billion in payment volume.

In January eBay gave a conservative quarterly sales forecast despite unveiling better-than-expected results, warning that a weak European economy may take the gloss off rip-roaring growth in online commerce.

The company also announced a new partnership with carrier three.co.uk and strategic agreements with merchants such as Yotel and entradas.com.

EBay shares closed at $36.36 on Friday on the Nasdaq.

(Reporting by Ranjita Ganesan; Editing by Supriya Kurane)

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