Thursday 27 October 2011

Ebay Online Business clarified million in the box

From these figures, retailers can only dream of: The online marketplace eBay has done in the third quarter, sales of a third more.
The booming online trade fill the coffers of Ebay. This makes the online market, jumps, you can only dream of local retailers. In the third quarter, sales increased 32 percent over the previous year to just under $ 3.0 million (2.2 million euros). This, however, has also contributed to the acquisition of GSI commercial provider of online services.
"The retail industry thrives online," said Chief Executive John Donahoe Group on Wednesday at its headquarters in San Jose. However, Ebay large amounts on the development of new products set to hang in there. The bite of the profits. They rose 14 percent, only half as strong as income. The bottom line left were $ 491 million.
Many speculators were disappointed since. Real Time, the stock fell 4 percent. In addition, some investors felt the prospect for being too thin. As a driving force had finally found the Ebay payment service Paypal. Here, the business grew 32 percent to $ 1.1 billion. In its core business of trade with the largest online auction site in the world, sales rose 17 percent to $ 1.7 million.
The remaining $ 200 million was due to GSI well. The division offers services related to online stores and marketing campaigns. The articles in the business platform were sold (excluding cars) worth $ 14.7 million, which were 16 percent more than a year ago.
Partly as a result of strong growth in Europe and favorable exchange rates were more than 9 billion reached outside of the United States. The 98.7 million active users versus an increase of 6 percent. That being handled by the PayPal payment volume rose 31 percent to $ 29.3 million. The number of active customer accounts rose at the end of the quarter year on year by 14 percent to 103 million dollars. Grow in the future, especially in business mobile devices such as smart phones and tablet PCs, CEO Donahoe said.
This year, eBay expects mobile commerce on a turnover of U.S. $ 5 billion. PayPal to turn over $ 3.5 billion phones. Ebay must specify, in order not to lose touch with his great rival Amazon.

Even the largest online retailer recently unveiled an impressive rate, but had to take as strong growth in Ebay money from his hand. His numbers in the third quarter, Amazon offers next Tuesday (July 26).

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