EBay Stock Is 5% On Strong Sales

In this freepressrelease John Donahoe took over as head of eBay in early 2008, the company announced a flurry of changes to the decade old online marketplace. substantial improvements in eBay’s fee structure and feedback policy was designed to withstand the market share, but the sellers veterans were furious and threatened to mutiny.


The company is the nail way back up, as these hectic times. On Wednesday, San Jose, California, e-commerce giant reported quarterly results beat Wall Street expectations and raised its forecast for the year. PayPal Mobile, and in particular helped the company last quarter of the season.

EBay says that sales in the fourth quarter increased 5% over the previous year, and $ 2.5 billion. Net income rose to 42 cents per share, or $ 559,200,000. eBay shares (eBay, Fortune 500) rose by 5% after-hours trading. PayPal payments and mobile brilliant: The PayPal online payment service ended the fourth quarter with 94.4 million active registered accounts and add about 1 million active accounts each month.

PayPal “net total of payments” was $ 26.9 billion last quarter. The strongest growth came in the phone: For the full year, the volume of mobile PayPal payments for a period of five times the 2009 total enormous. These figures are not broken, but eBay said that its’ portfolio of mobile applications “were popular with holiday shoppers.

Overall mobile enterprise gross merchandise volume – the amount of stuff that was sold to them to shop on their smartphones and other gadgets – almost $ 2 billion for the entire year. Europe has been another bright spot, Donahoe noted in a conference call with analysts. But it is dissatisfied with the national figures. “We are on track, but I’m not completely satisfied with where we are in the United States,” Donahoe said the call.

Who will sell and for how long: the number of active eBay users increased 5% over the year to 94.5 million euros. Another indicator is being monitored in eBay gross merchandise volume (GMV), which is the total value of items sold at auction. Excluding vehicles, GMV for the quarter was $ 15 million. EBay has come a long way since 2008.

The stocks plunged in the early months of the occupation Donahoe, and basic site vendors leading the protests, including a one-week boycott – and many left the ship, moving their windows to other sites like Amazon (AMZN, Fortune 500). Favorable changes some upfront costs, but raised the eBay commission has a full sale. This ride was painful for small businesses that rely on low profit margins.

Even more incendiary, however, was the decision to block the site sellers leave negative feedback to buyers. eBay feedback system was a two way street, helping the site differs from its competitors in the beginning. Sellers are not happy to be silenced. The lingering bitterness eBay site with a strong community of users in a more generic platform sales.

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