42244

econsultancy_xml

Despite the drop in the number of listings, <a href="/blog/231-ebay-protestors-demand-ceo-s-head-plan-new-strike">higher auction fees</a> have helped raise revenue. In addition, eBay's worldwide 'active' users rose by 7% to 83.3m. Revenues from online payments system PayPal also increased; it seems to have been unaffected by the launch of Google Checkout. Chief exec Meg Whitman said that three quarters of eBay's US customers use PayPal, while for the UK the figure is one in three. PayPal's Q2 revenue grew by 34%, reaching $454m (£221m), helped by a rise of 57% in payments from non-eBay online customers. Revenue from eBay's core auction and buy it now sales rose 26% to $1.29bn (£629m), while the total value of items sold on the auction site increased 12% to $14.5bn (£7bn). Further reading: <a href="/blog/1366-makeover-planned-for-ebay">Makeover planned for eBay</a> <a href="/blog/1347-ebay-spoils-google-s-checkout-party-literally">eBay spoils Google's Checkout party - literally</a>

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>Despite the drop in the number of listings, <Link URL="/blog/231-ebay-protestors-demand-ceo-s-head-plan-new-strike" Window="Self">higher auction fees</Link> have helped raise revenue. In addition, eBay's worldwide 'active' users rose by 7% to 83.3m. </Paragraph> <Paragraph>Revenues from online payments system PayPal also increased; it seems to have been unaffected by the launch of Google Checkout. Chief exec Meg Whitman said that three quarters of eBay's US customers use PayPal, while for the UK the figure is one in three. </Paragraph> <Paragraph>PayPal's Q2 revenue grew by 34%, reaching $454m (£221m), helped by a rise of 57% in payments from non-eBay online customers. </Paragraph> <Paragraph>Revenue from eBay's core auction and buy it now sales rose 26% to $1.29bn (£629m), while the total value of items sold on the auction site increased 12% to $14.5bn (£7bn). </Paragraph> <Paragraph> <Emphasis>Further reading:</Emphasis> <LineBreak /> <Link URL="/blog/1366-makeover-planned-for-ebay" Window="Self">Makeover planned for eBay</Link> <LineBreak /> <Link URL="/blog/1347-ebay-spoils-google-s-checkout-party-literally" Window="Self">eBay spoils Google's Checkout party - literally</Link> </Paragraph> </FormattedContent>

2007-07-19T10:35:00+01:00

econsultancy_xml

eBay has announced its second quarter results today, with net profits rising by 50%. Revenue for the auction site was up 26%, though the number of new listings fell by 6%. The company's net income for Q2 rose to $376m (£185m) while <a href="http://www.ebay.co.uk/">eBay</a> said that profits for the whole of 2007 are set to reach $7.45bn (£3.75bn).

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>eBay has announced its second quarter results today, with net profits rising by 50%. Revenue for the auction site was up 26%, though the number of new listings fell by 6%.</Emphasis> </Paragraph> <Paragraph>The company's net income for Q2 rose to $376m (£185m) while <Link URL="http://www.ebay.co.uk/" Window="Self">eBay</Link> said that profits for the whole of 2007 are set to reach $7.45bn (£3.75bn).</Paragraph> </FormattedContent>

false 1523

Related Econsultancy reports include our <a href="http://econsultancy.com/reports/e-commerce-platforms-buyer-s-guide-2009">E-commerce Platforms Buyer's Guide</a>, <a href="http://econsultancy.com/reports/delivering-successful-e-commerce-projects">Delivering Successful E-commerce Projects</a> and <a href="http://econsultancy.com/reports/online-retail-2007-checkout-special">Online Retail Checkout Special</a>. See also the <a href="http://econsultancy.com/reports/e-commerce-statistics">E-commerce Statistics Compendium</a>.

363832

Profits up by 50% for eBay false

2007-07-19T11:11:00+01:00

profits-up-by-50-for-ebay

2009-04-28T22:54:29+01:00

2009-10-13T09:12:34+01:00

142