On eBay’s Q1 2011 earnings call Wednesday John Donahoe emphasized eBay UK’s contribution to their stellar earnings results this quarter. Much of this is thanks to the steady growth of mobile commerce in the UK and eBay’s deal with O2′s owners Telefonica. Many of the changes made to eBay UK were made a year before being rolled out on eBay.com, and there is a lot of potential for investors if eBay.com can shadow the tremendous growth of eBay UK.

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