CORRECTING and REPLACING eBay® Serves Up Bargains to Consumers Around the Clock with New “Deals” Application for iPhone® and iPod Touch®

SAN JOSE, Calif.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to revisions to the fourth paragraph.

“As the world’s leading online marketplace we have insights into how people really want to shop … and they clearly want to shop on their phones”

The corrected release reads:

EBAY® SERVES UP BARGAINS TO CONSUMERS AROUND THE CLOCK WITH NEW “DEALS” APPLICATION FOR IPHONE® AND IPOD TOUCH®

eBay’s Mobile Technology Puts Holiday Deal Hunting at Shopper’s Fingertips; Apps Released in Time for eBay’s “12 Days of Deals” Holiday Promotion

eBay (NASDAQ:EBAY) today made it easier for iPhone and iPod touch owners to shop eBay anytime, anywhere with the release of its new “Deals” application, providing a constant stream of the best deals across hundreds of millions of ebay.com listings. Available for free download on iTunes®, the Deals application features simple, intuitive navigation, customizable search features and PayPal® integration that makes check-out fast and easy.

The Deals app is the latest addition to eBay’s mobile offerings; eBay just released an upgraded version of its eBay iPhone app with new features such as social networking integration. An enhanced mobile web interface (m.ebay.com) also makes it simple to browse ebay.com on any mobile phone equipped with a web browser. All three offer consumers the ability to browse and buy on the go.

“As the world’s leading online marketplace we have insights into how people really want to shop … and they clearly want to shop on their phones,” said eBay Marketplaces President Lorrie Norrington. “It’s apparent that consumers want to shop for what they want, when they want and WHERE they want, and that’s not necessarily when they’re sitting in front of a computer or even walking through a store. This eBay app for the iPhone is the ultimate tool to put great value and selection at their fingertips on the go, wherever they are.”

Additionally, a special ‘12 Days of Deals’ will begin this Friday, November 27. eBay’s first of the ‘12 Days of Deals’ will go live with a Samsung Netbook N120-12GBK. Other exclusive Mystery Deals will be featured each day until Dec. 8.

“A deal means something different to everyone,” continued Norrington. “Our new Deals app allows you to create and personalize your own deal searches on the fly. This means you’ll never miss a deal … and the deals will find you. eBay’s new and upgraded iPhone offerings take advantage of typical smart phone features such as email, voice, alerts and orientation detector, all of which help shoppers find, share and buy from ebay.com while they’re mobile.”

Fast Facts:

• By the end of this year more than $500 million in merchandise is expected to be purchased via eBay mobile.
• Launched just a year ago, the eBay iPhone app has been downloaded more than 5 million times – making it one of the most popular iPhone apps.
• A purchase is made every two seconds via eBay mobile.
• Both applications are available for free on iTunes (requires iPhone OS 3 or later).
• Users from over 165 countries visit the eBay mobile website and use the iPhone application.
• The Deals app is available in 8 languages.

All Deals All the Time

The new eBay Deals app for iPhone presents a constantly changing view of deals across ebay.com, highlighting must-have products in popular categories, such as apparel and games; all listings in the eBay Deals app have less than four hours of listing time remaining, zero bids, no reserve and free/fixed price shipping calculated into the total cost.

Pre-loaded with eBay’s top eight mobile search categories, the app allows shoppers to quickly access top bargains. Users can customize their own deal-specific searches and place an icon in the start menu for quick access. To see a new group of deals, users just have to shake their iPhone or iPod Touch.

The Deals app has built-in integration with social network sites like Facebook and Twitter, making it easier for buyers to share shopping activity with friends and even build consensus around deals.

Making a Great App Even Better

Social networking integration is also built into the upgrade of eBay’s popular iPhone application (version 1.5). Other enhancements include a “Best Offer” feature that lets shoppers instantly negotiate prices with sellers through alerts and SMS notifications, and direct phone access to customer service.

The 1.5 iPhone application notifies shoppers through push alerts on the status of their watched items, so they’ll know if they’re being outbid. PayPal integration allows buyers to complete their transactions without leaving the app, and the “Buy It Now” feature lets buyers purchase items right away at a set price without having to wait for a listing to end.

About eBay Mobile

eBay launched its first application for iPhone in July 2008 and has since become a leading force in mobile commerce. Its core iPhone application, which is available free via iTunes in eight languages and 77 countries, has been downloaded more than 5 million times and allows users to fully browse and buy without leaving the application. By the end of 2009, eBay’s gross merchandise volume – the value of all goods sold – through eBay’s mobile offerings is expected to surpass $500 million.

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects hundreds of millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.

Forward Looking Statements

This announcement contains forward-looking statements relating to eBay’s future performance that are based on its current expectations, forecasts and assumptions. Those statements involve risks and uncertainties, and actual results may differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, consumer acceptance and use of eBay’s mobile applications.

More information about factors that could affect eBay’s operating results can be found in the company’s most recent annual report on Form 10-K and its subsequent quarterly reports on Form 10-Q (available at http://investor.ebayinc.com). All forward-looking statements are based on information available to eBay on the date hereof, and eBay assumes no obligation to update such statements.

iPhone, iPod Touch, and iTunes are registered trademarks of Apple, Inc. Samsung is a registered trademark of Samsung Electronics Corp., Ltd. Facebook is a trademark of Facebook, Inc. Twitter is a trademark of Twitter, Inc.

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