The U.S. online shopping world's biggest day is here, but will strong web sales on Black Friday and Thanksgiving cut into Cyber Monday's take?
The value of all goods sold at eBay.com last year reached $24 billion, 60% higher than the $15 billion in the prior year, eBay reports. Fixed-price trading accounted for $2 billion in gross merchandise sales, 28% of the total.
Gross merchandise sales at eBay Inc.--the value of all goods sold at eBay.com--last year reached $24 billion, 60% higher than the $15 billion in the prior year, eBay reports. In the fourth quarter, gross merchandise sales totaled $7.1 billion, a record for any quarter and up 53% over Q4 2002. For the year, eBay’s fixed-price trading accounted for $2 billion in gross merchandise sales, 28% of the total.
Active users--those who bought, submitted a bid or listed an item for sale in the previous 12 months--reached 41.2 million, up 49% from a year earlier. Listings totaled 292 million, up 49% from 195 million a year ago. EBay’s PayPal unit had 40.3 million accounts at end of the year, up 73% from 23.3 million a year earlier. PayPal payment volume in Q4 reached $3.7 billion, up 74% from Q4 a year earlier.
EBay reported revenue of $2.17 billion for the year, up 78% over the $1.21 billion in 2002. Net income increased 77% to $441.8 million from the prior year.
EBay says 10 product categories now generate over $1 billion a year in sales each:
eBay Motors, $7.5 billion
Consumer electronics, $2.6 billion
Computers, $2.4 billion
Books/Movies/Music, $2 billion
Clothing and accessories, $1.8 billion
Sports, $1.8 billion
Collectibles, $1.5 billion
Toys, $1.5 billion
Home and garden, $1.3 billion
Jewelry, $1.3 billion.