42244 1 3 econsultancy_xml <p>They totalled $1.83bn (£895m) as eBay's other businesses - PayPal, eBay International, and the <a href="/blog/700-stubhub-sold-to-ebay-for-310-million">recently acquired StubHub</a> - all performed well. </p> <p>Chief executive Meg Whitman said it "<em>was a strong quarter": </em></p> <blockquote> <p> <em>"The strength came from eBay International, PayPal merchant services, ticketing site StubHub, classifieds and advertising, which all performed above expectations.”</em> </p> </blockquote> <p>There were some problem signs for the company's core auction business though - the number of users on eBay's US site remained at 83m while the number of auction listings fell by 5%. </p> <p>PayPal continues to grow, notching up $470m (£230m) in sales, up from <a href="/blog/1523-profits-up-by-50-for-ebay">$454m (£221m) in Q2</a>, and a 35% increase on the same period in 2006. It now accounts for a quarter of the company's revenues. </p> <p>eBay said it would be reorganising Skype after announcing it was writing off $900m of the VoIP outfit's value and paying $530m to Skype's shareholders to meet obligations tied to <a href="http://news.bbc.co.uk/1/hi/business/4237338.stm">the purchase</a>.</p> <p>Whitman told AP: </p> <blockquote> <p> <em>"We are disappointed - obviously - by the write-down, and we're behind in terms of some financial metrics we had originally anticipated."</em> </p> </blockquote> <p> <strong>Related stories:</strong> <br /> <a href="/blog/840-big-brands-not-doing-the-business-on-ebay">Big brands not doing the business on eBay</a> <br /> <a href="/blog/1366-makeover-planned-for-ebay">Makeover planned for eBay</a> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph Align="Left">They totalled $1.83bn (£895m) as eBay's other businesses - PayPal, eBay International, and the <Link URL="/blog/700-stubhub-sold-to-ebay-for-310-million" Window="Self">recently acquired StubHub</Link> - all performed well. </Paragraph> <Paragraph Align="Left">Chief executive Meg Whitman said it "<Quote>was a strong quarter": </Quote></Paragraph> <Block> <Paragraph Align="Left"> <Quote>"The strength came from eBay International, PayPal merchant services, ticketing site StubHub, classifieds and advertising, which all performed above expectations.”</Quote> </Paragraph> </Block> <Paragraph Align="Left">There were some problem signs for the company's core auction business though - the number of users on eBay's US site remained at 83m while the number of auction listings fell by 5%. </Paragraph> <Paragraph Align="Left">PayPal continues to grow, notching up $470m (£230m) in sales, up from <Link URL="/blog/1523-profits-up-by-50-for-ebay" Window="Self">$454m (£221m) in Q2</Link>, and a 35% increase on the same period in 2006. It now accounts for a quarter of the company's revenues. </Paragraph> <Paragraph Align="Left">eBay said it would be reorganising Skype after announcing it was writing off $900m of the VoIP outfit's value and paying $530m to Skype's shareholders to meet obligations tied to <Link URL="http://news.bbc.co.uk/1/hi/business/4237338.stm" Window="Self">the purchase</Link>.</Paragraph> <Paragraph Align="Left">Whitman told AP: </Paragraph> <Block> <Paragraph Align="Left"> <Quote>"We are disappointed - obviously - by the write-down, and we're behind in terms of some financial metrics we had originally anticipated."</Quote> </Paragraph> </Block> <Paragraph Align="Left"> <Emphasis>Related stories:</Emphasis> <LineBreak /> <Link URL="/blog/840-big-brands-not-doing-the-business-on-ebay" Window="Self">Big brands not doing the business on eBay</Link> <LineBreak /> <Link URL="/blog/1366-makeover-planned-for-ebay" Window="Self">Makeover planned for eBay</Link> </Paragraph> </FormattedContent> 2007-10-18T11:54:00+01:00 0 1 econsultancy_xml <p> <strong>Online auction giant eBay has posted its first quarterly loss since 1999 after a $900m write-down relating to its now-famously misjudged acquisition of Skype.</strong> </p> <p>The firm's deficit for Q3 came in at $936m (£458m), although sales were up 30%. </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Online auction giant eBay has posted its first quarterly loss since 1999 after a $900m write-down relating to its now-famously misjudged acquisition of Skype.</Emphasis> </Paragraph> <Paragraph>The firm's deficit for Q3 came in at $936m (£458m), although sales were up 30%. </Paragraph> </FormattedContent> false 1852 <p>Related Econsultancy reports include our <strong><a href="http://econsultancy.com/reports/e-commerce-platforms-buyer-s-guide-2009">E-commerce Platforms Buyer's Guide</a></strong>, <strong><a href="http://econsultancy.com/reports/delivering-successful-e-commerce-projects">Delivering Successful E-commerce Projects</a></strong> and <strong><a href="http://econsultancy.com/reports/online-retail-2007-checkout-special">Online Retail Checkout Special</a></strong>. See also the <strong><a href="http://econsultancy.com/reports/e-commerce-statistics">E-commerce Statistics Compendium</a></strong>.</p> <p>Related Econsultancy reports include our <strong><a href="http://econsultancy.com/reports/e-commerce-platforms-buyer-s-guide-2009">E-commerce Platforms Buyer's Guide</a></strong>, <strong><a href="http://econsultancy.com/reports/delivering-successful-e-commerce-projects">Delivering Successful E-commerce Projects</a></strong> and <strong><a href="http://econsultancy.com/reports/online-retail-2007-checkout-special">Online Retail Checkout Special</a></strong>. See also the <strong><a href="http://econsultancy.com/reports/e-commerce-statistics">E-commerce Statistics Compendium</a></strong>.</p> 364427 eBay posts Q3 loss but sales growth continues false 2007-10-18T13:35:00+01:00 ebay-posts-q3-loss-but-sales-growth-continues 2009-04-28T23:00:00+01:00 2009-10-13T09:22:25+01:00 207