Gross merchandise volume at eBay rose 36% year over year in the second quarter ended June 30, to $10.9 billion from $8 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 Q2, 440.1 million, was 32% higher than the 332.3 million new listings reported in last year’s Q2. Registered users at the end of the quarter totaled 157.3 million, a 28% increase over the 114 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 64.4 million in the quarter, up 34% from a year earlier.
Key category performers delivering $1 billion or in annualized gross merchandise volume worldwide included eBay Motors at $14.3 billion, clothing & accessories at $3.3 billion, consumer electronics at $3.2 billion, computers at $3.2 billion, home & garden at $2.5 billion, books/movies/music at $2.4 billion, collectibles at $2 billion, toys at $1.6 billion, jewelry & watches at $1.5 billion, business & industrial at $1.5 billion and cameras & photo at $1.3 billion.
Fixed price trading contributed about 29%, or $3.2 billion, of total gross merchandise volume in Q2.
Consolidated Q2 net revenue of $1.086 billion for the quarter represented a 40% year over year increase. U.S net revenue rose 27% to $423.6 million, while international marketplace revenue rose 51% to $418.8 million. Net revenue from its PayPal payments business rose 51% to $243.9 million.
Consolidated net income for the quarter was a record $291.6 million.
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