EBay revenues up 6% to USD 2.22 bln, profit down in Q3

Thursday 20 October 2016 | 08:29 CET | News
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Online retailer eBay reported third quarter revenues at USD 2.2 billion, up 6 percent from the year on a reported basis and 8 percent at constant currency. Performance was again driven by Marketplace platforms, which delivered gross merchandise volume of USD 19.0 billion and revenue of USD 1.8 billion, up 5 percent at constant currency as well as growth in marketing services and other revenue. The company's StarHub ticketing operation posted a 31 percent increase in sales to USD 261 million following the acquisition of rival Ticketbis and software firm Ticket Utils earlier this year.

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Categories: Internet
Companies: Ebay
Countries: World
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