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eBay’s 2007 merchandise sales grow 13.1% to $59.3 billion
Total sales of goods at eBay.com in 2007 reached $59.35 billion, up 13.1% from $52.47 billion in 2006, eBay Inc. reports. Fourth quarter sales in what eBay describes as gross merchandise volume were $16.21 billion, up 12% over the fourth quarter of 2006. The number of new listings was up 4% to 637.2 million from 610 million a year earlier. EBays revenue for the year reached $7.67 billion, up 29% from 2006s $5.97 billion. Net income was $348 million, a 69% drop from $1.12 billion in 2006, with those results including a previously reported goodwill impairment charge of $1.39 billion recorded in the third quarter. In the fourth quarter, eBays revenue was $2.18 billion, up 27% from $1.72 billion year ago. Net income rose 53% to $531 million from $346 million. Fixed-price sales, or non-auctions, represented 42% of all sales, up from 38% a year earlier.
Jeff Thelen's Blog
And thanks for blogging on.JHi Jeff,I listen to Josh Groban and a good singer, but not a computer made up cd.It is okay to get a little tirey eyed during the holidays.I get a little tirey eyed myself because christmas is my favorite holiday. I think your dog is cute. Do you get bailie any christmas gifts? To me if the person has animals they should get christmas gifts. Well keep on doing a great job with the news.Have a great day,kate s. plover,wisHi Kate, Baillie gets something every year. I gave up on a new toy a few years ago because she has so many of them and always seems to play with the same one. So, now she just gets treats.Jwas it at that one pub? you have good humor like you were from manchester, england. You remind me a lot of Peter Noone in his blogs. cya JaynaThanks. I'll have to check out Peter Noone's blog.JJeff,Josh Groban is for real.
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