After making a big bet on mobile several years ago, eBay CEO John Donahoe told CNBC's "Squawk on the Street" that the gamble is paying off with the company able to monetize the same on mobile as it does on the Web.
"Consumers are making the mobile device the central navigation system of their lives," the eBay executive said. "While it's driving great mobile results for us, the coming year will be when the mobile device links the digital world to the physical world."