Its reported acquisition of mobile point-of-sale service provider GoPago points in that direction. GoPago would give Amazon the technology to compete with other players ...
eBay’s revenue, users and merchandise sales continue to skyrocket
eBay Inc. today reported net revenues of $180.9 million in the second quarter of 2001, an 84% increase over the $98.2 million in the same period last year.
eBay Inc. today reported net revenues of $180.9 million in the second quarter of 2001, an 84% increase over the $98.2 million in the same period last year. Consolidated net income for the quarter was $24.6 million. eBay`s pro forma consolidated net income, excluding certain charges was $33.5 million.
"It`s clear that our business has excellent momentum," said Meg Whitman, president and CEO. "We`re seeing sustained growth across categories, trading formats, and in our international operations."
eBay users transacted a record $2.25 billion in total sales during the second quarter, representing 74% increase over last year’s second quarter and 14% over Q1 of this year. eBay`s German and UK sites transacted $193 million and $42 million, representing 20% and 36% growth, respectively.
eBay added more than 4.4 million users during the quarter to 34.1 million registered users, up 15% from the first quarter amd 116% over the year-ago quarter.
Based on total sales and marketing expense, the average cost per registered user acquired during the quarter was approximately $14.
eBay hosted 98.7 million listings during the quarter, representing 58% year over year growth and 11% sequential quarterly growth.
eBay reports that 18,000 merchants have signed up for eBay Stores launched on June 11.