John Donahoe, President and CEO, eBay Inc., at the results presentation
22 Oct. 2013
Ebay reports growth
Global commerce platform and payments provider Ebay Inc. has reported its financial results for the third quarter ended September 30, 2013. The company’s revenue in that period increased 14% to $3.9 billion, compared with the same period of 2012. Ebay Inc.’s net income was $689 million, a plus of 15% compared to Q3 2012.
With a revenue of $2 billion (+12% compared to previous year), Ebay’s marketplace accounted for the main share of the enterprise’s business volume. 54% of Ebay’s revenue has been created by international sales deals outside of the USA. The value of the traded goods and services on Ebay (excluding the automotive segment) was worth $18 billion. Sale deals with fixed prices accounted for 71% of the obtained trade volume.
Ebay Inc.’s payment service Paypal achieved revenue of $1.6 billion in Q3 2013 (+19% compared to the previous year). The Ebay Enterprise division achieved revenues of $238 million.
Michael Kliger, managing director Europe, Ebay Enterprise, on current trends in online trade: “This year, we again expect a record Christmas business in global online trade. Here, three global trends are emerging. Firstly, the importance of orders via mobile devices continues to increase and accounts for nearly a fifth of all orders. Secondly, the share of cross border trade, i.e. orders which cross different countries, has increased. […] Thirdly, using retail store inventories to fulfil online orders partly reaches shares of more than 50% in the USA, as the capacities of the central warehouses are exhausted.”
There are currently 124 million active Ebay marketplace users and 137 million registered Paypal customers.
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