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EBay's future growth will continue to depend on the success of PayPal, and particularly its new mobile payment business.
A different kind of endorsement has come in the form of large corporations joining the mobile payment business.
Companies as varied as phone carriers, banks, credit card companies and technology start-ups have had plans to get into the mobile payment business, but many are locking horns over who can profit the most, Mr. Dawson said.
In that respect, the addition of Tencent — which has turned WeChat into a huge chat app with a strong mobile payment business, too — and JD.com could massively help.
Starbucks has built a strong mobile payment business on the back of its mobile apps for iPhone and Android, and this iteration could help it reap even more benefits from that side of tis business.
Go-Jek started out operating a bike taxi on-demand service, but it has since added taxi and private car options, a mobile payment business and local services on-demand, such as groceries, massages and more.
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Among the mid-caps PayPoint has put on 16.5p to 962.5p after it sold its mobile payments business to Volkswagen Financial from £26.5m.
Some analysts say the future of the company depends largely on the continued success of its payments products, which primarily means PayPal, eBay's mobile payments business, which continues to be a fountain of revenue.
The efforts also provide new opportunities for the mobile payments business, which for all the interest has not been terribly successful — after all it is still just as easy to use a credit card as it is to use a phone to pay in the checkout line.
If you're tuning into the mobile payments business recently, you might wonder if Google is simply copying Apple.
When iZettle first launched its service in 2011, the mobile payments business was in a different place.
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