« eBay Helps With 'What To Sell' | Main | Online Auction Listings: How You Can Be Robbed Of Your Profits Whether You're A Buyer or A Seller »
July 22, 2005
eBay Rise A Staggering 53%
eBay just announced its profits and results from the second quarter of 2005 and they're amazing.
* Net income in second quarter 2004 was $190.4 million - this year $291.6 million
* Revenues rose to $1.09 billion from $773.4 million last year
* Second quarter traffic was 64.6 million, up from 48 million last year
* PayPal revenue rose 51 percent to $243.9 million. The total dollar volume of payments initiated through the PayPal system was a record $6.5 billion, a 49 percent increase from the $4.4 billion reported for the same period a year ago.
I've read several stories recently that life on eBay was coming to an end. Obviously not. In fact, errant nonsense!
Posted by SydneyJohnston at July 22, 2005 7:37 AM
Trackback Pings
TrackBack URL for this entry:
http://www.auction-genius-course.com/cgi-bin/mt/mt-tb.cgi/160
