For Jack Ma, executive chairman of Alibaba Group Holdings, today is an extremely busy and lucrative day because the company he founded 15 years ...
EBay continues to top its own performance records, as 2004 gross merchandise sales rose 44% year-over-year to $34.2 billion. Q4’s growth lagged slightly, rising 39% to $9.8 billion, eBay said this week.
EBay Inc. continues to top its own performance records, as 2004 gross merchandise sales rose 44% year-over-year to $34.2 billion from $23.8 billion. The fourth quarter’s growth lagged slightly, rising 39% to $9.8 billion from $7.1 billion, eBay said this week. EBay, which doesn’t conduct direct sales, defines gross merchandise sales as the total value of all transactions conducted on its e-commerce platform.
The online auction company ended the year with 56.1 million active users, up 36% from 41.2 million a year ago. Total payment volume transacted through eBay’s PayPal system rose 55% last year to $18.9 billion, up from $12.2 billion in 2003.
New listings of products for sale reached a record 404.6 million in Q4, up 39% from 291.7 million in the same quarter a year ago.
As of Q4, eBay said it had 12 product categories with $1 billion or more in annualized gross merchandise sales: eBay Motors, $11.1 billion; consumer electronics, $3.5 billion; computers, $3 billion; clothing and accessories, $2.9 billion; books/movies/music, $2.4 billion; collectibles, $2.2 billion; home and garden, $2 billion; toys, $1.8 billion; sports, $1.8 billion, jewelry and watches, $1.7 billion; cameras and photo, $1.3 billion; business and industrial, $1.2 billion.
Consolidated net revenue for 2004 rose 51% over 2003, to $3.27 billion from $2.17 billion. EBay’s stock price was up about 5% to $87.65 at mid-day Friday, compared to a 52-week range of $64.25 - $118.42.
EBay said it expects 2005 net revenue to rise about 30% over 2004, to a range of $4.25 billion to $4.35 billion.
EBay also experienced rapid growth in its international transaction revenue. It took in $44.3 million in international transaction revenue (fees from users) in Q4, up 64% from Q4 2003. International revenue now nearly matches U.S. transaction revenue of $362.7 million.
EBay reports that approximately $4.8 billion worth of goods were traded on eBay outside the US in Q4 `04, making up about 48% of total gross merchandise volume for the quarter. 2003 Q4 international sales totaled $2.96 billion, representing 42% of eBay`s gross merchandise sales.