Q3 gross merchandise sales at eBay rise 30% to $10.8 billion
Gross merchandise volume at eBay rose 30% year over year in the third quarter ended September 30, to $10.8 billion from $8.3 billion in the year-ago period, the company reports. Gross merchandise volume represents the total value of all successfully closed listings on eBay’s trading platforms.
The number of new listings of items for sale in Q3, 458.6 million, was 32% higher than the 348.0 million new listings reported in last year’s Q3. Registered users at the end of the quarter totaled 168.1 million, a 35% increase over the 125.0 million users reported a year ago. Active users, defined as the number of users on eBay’s platform who bid, bought, or listed an item within the previous 12 months, increased to a record 68.0 million in the quarter, up 32% from a year earlier.
Key category performers delivering $1 billion or in annualized gross merchandise volume worldwide included eBay Motors at $14.1 billion, clothing & accessories at $3.1 billion, consumer electronics at $3.0 billion, computers at $3.0 billion, books/movies/music at $2.5 billion, home & garden at $2.4 billion, sports at $2.1 billion, collectibles at $2.1 billion, jewelry & watches at $1.6 billion, toys at $1.5 billion, business & industrial at $1.5 billion and cameras & photo at $1.3 billion.
Fixed price trading contributed about 32%, or $3.4 billion, of total gross merchandise volume in Q2.
Consolidated Q3 net revenue of $1.106 billion for the quarter represented a 37% year over year increase. U.S net revenue rose 29% to $449.5 million, while international marketplace revenue rose 43% to $408.9 million. Net revenue from its PayPal payments business rose 44% to $247.1 million.
Consolidated net income for the quarter was a $255.0 million.
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