WebProNews

Tag: eBay

  • eBay Sees 16% Revenue Increase for the Fourth Quarter

    eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008. That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.

    eBay says the year-over-year increase was due primarily to excellent growth in PayPal and StubHub, as well as improvement in growth rates in the core eBay business and a positive impact from foreign currency movements.

    The company recorded net income on a GAAP basis of $1.4 billion or $1.02 per diluted share, and non-GAAP net income of $585.8 million or $0.44 per diluted share for the fourth quarter of 2009.

    eBay Financial Highlights

    "We delivered a strong fourth quarter with double-digit revenue growth driven by exceptional performance at PayPal and turnaround progress and momentum in our core eBay business," said eBay President and CEO John Donahoe. "PayPal significantly expanded its presence globally and, for the first time, processed more than $20 billion in total payment volume in a quarter. Gross merchandise volume and sold items accelerated for the third consecutive quarter. We are starting 2010 with significant progress against our three-year growth strategies for PayPal and eBay and a clear focus on our priorities going forward."

    eBay generated $770.6 million of operating cash flow and $597.7 million of free cash flow during the fourth quarter. If you really want to nitpick and get into all of the details, you can do so here. A balance sheet and various statements are provided.

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  • Travel And Weather Websites See Big Gains In December

    During December 2009, winter weather hit the country driving holiday travelers online, according to Compete’s latest top 50 website rankings.

    Six of the top 20 highest growth website categories in December were travel and weather related.  The airport travel category attracted 40 percent more unique visitors in December (2.1 million) than the previous month.  News sites related to weather and traffic also saw big growth, increasing visitors by 34.8 percent over November to reach 52.5 million unique visitors.

    Weather.com still has a clear hold on the online weather market. The popular forecast site attracted 33.6 million unique visitors in December, a 46.7 percent increase month-over-month and 22.1 percent growth over 2008. Wundergroud.com also continued steady growth, reaching 6.98 million unique visitors in December, which represents 19.3 percent growth year-over-year.

    Top-50-Websites

    Shipping services attracted consumer’s attention in December as they logged on to track shipped packages and research shipping rates. UPS.com led the online shipping sites with 25 million unique visitors, a 51.9 percent increase month-over-month and 17 percent year-over-year growth. USPS.com trailed, attracting 23.4 million unique visitors, while 15.5 million unique visitors clicked on FedEx.com.

    While the top 50 websites in December once again remained largely unchanged, there were two notable moves among the group. eBay moved up the ranks to take the number five spot on the most popular site list. With 88.5 million unique visitors in December, the site was previously ranked number eight edged out Amazon (85.9 million unique visitors) by growing 19.6 percent month-over-month.
     

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  • eBay Declared ’09 Mobile Retailer Of The Year

    The last eBay-centric article to appear on WebProNews concerned mobile transactions during the holiday season; the company was quite proud of its stats and had made some noise about them.  Now, there’s essentially been outside confirmation of its impressive performance, as eBay was declared the 2009 Mobile Retailer of the Year.

    eBay

    Mobile Commerce Daily is the entity that awarded eBay this title, and Giselle Tsirulnik, its senior editor, supplied quite a number of reasons for the judgment in an article today.  For starters, eBay’s sales were impressive, with about 1.5 million items changing hands thanks to mobile transactions during the holiday season.

    Then there was a nifty promotion using a Mobile Boutique to consider, the success of the eBay iPhone application, and the introduction of the separate Deals application.  Plus, as Tsirulnik wrote, "EBay-owned online ticket marketplace StubHub went mobile in 2009," and PayPal took a lot of steps forward, too.

    All of which appears to put eBay in an admirable position moving forward, since the growing popularity of iPhones and Android devices is sure to have people buying more stuff online in the future.

    Of course, there are other factors to consider when thinking about a company’s success or failure, and eBay critics will be pleased to hear that it’s not having a good day on the stock market.  Despite getting the Mobile Retailer of the Year award, eBay shares are down 2.43 percent right now.

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    > eBay Declares Mobile Success For Holiday Season

    > eBay Fined $2.6 Million Over LVMH Sales

    > eBay Previews Possible Geotargeting Feature For Sellers