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Ebay profits up by 52%

By Pranav Chavda ⋅ April 23, 2007 ⋅ Post a comment

… and it’s not that the auction service is doing too well. The better than expected profit growth is thanks to shopping.com, paypal, skype and various other web/tech properties that ebay owns.

Ebay earned $377 million in the first quarter, which is up 52 percent from a year earlier and is very impressive growth!

According to this NewYork Times Article, the company had been benefiting from changes in the user experience that had increased the number of auctions leading to sales.

Paypal, notwithstanding the mighty google-checkout, was the biggest revenue driver for eBay with over 30% growth.

Full Story here

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Tags: ebay, social networks, web 2.0

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Comments for “Ebay profits up by 52%”

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Shannon 1 year ago 1 point
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It is amazing how they just keep growing and growing. Two men and a dream. Paypal is pricey and it amazes me how much people rely on it. But they can get away with it, it offers security and protection like nothing else can.

To Your Success!
Shannon Q.

P.S. I wondered if you guys have read these FREE reports yet. It talks about the DISASTER on the web 2.0 technology. You can download it at:

http://HenryGoldSecret.com
(Wild Stuff. No Affiliate link either!)

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Pranav Chavda 1 year ago 1 point
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I love paypal, somehow google checkout, for many reasons, is just not a great alternative yet. paypal has security and ease of use and worldwide availability. google, apart from the search engine itself, lacks on the ease of use front somehow, I mean, it just doesn't feel like they have given enough consideration to usability. Paypal, on the other hand, looks like it is made entirely to keep paypal users happy - which is what I think is the most important factor in the success of a company!

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