Google's mobile search will no longer display a website's URL. The algorithms have been updated to better reflect the names of the website, using the real world name of the site instead of the domain name, & URL structure of the sites in a breadcrumbs like format. As part of the changes, following items will be introduced.
1) The website name to be used instead of the domain name
2) The URL structure of the URL as breadcrumbs
These changes are rolling out gradually and affect only mobile results. The site name change is US-only for now and breadcrumbs are rolling out worldwide. The shift supports schema.org structured data to signal algorithms to display new search results. More information about the same is available at Google webmaster central