EBay revenues up 4% to USD 2.2 bln, adds 2 mln buyers in Q1

Friday 21 April 2017 | 08:36 CET | News
Online retailer eBay reported first quarter revenues at USD 2.2 billion, up 4 percent from the year earlier on a reported basis and 7 percent at constant currency. The company's net income climbed to USD 1.04 billion, or 94 cents per share in the quarter, from USD 482 million, or 41 cents per share, in Q1 2016. The improved performance was driven by Marketplace platforms, which delivered gross merchandise volume of USD 20.95 billion in the first quarter, up 2.4 percent on a reported basis, with the company adding two million active buyers across its platforms, for a total of 169 million

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Categories: General
Companies: Ebay
Countries: World
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