eBay (Nasdaq: EBAY) is on something of a hot streak: Its Marketplace segment is going strong, its Q2 revenues were nearly US$3.4 billion, and its share price has risen by more than 30% this year.
In today's edition, research analyst Lyons George discusses where the shop/auction giant might be heading next: directly into teenage wallets. In a recent interview with The Wall Street Journal, the company's president of global marketplaces hinted at a potential strategic shift toward allowing minors to set up and spend on their own accounts. Watch as Lyons discusses the massive potential — and possible pitfalls — of adding minors into the revenue mix.
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The Motley Fool's purpose is to help the world invest, better. Take Stock is The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it's still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
A version of this article, written by Lyons George, originally appeared on fool.com
