eBay Inc. Sees Spike in Revenue for First Quarter

Content Manager

ebay_logo_300eBay Inc. saw a 14% increase in revenue to $4.3 billion during its first quarter compared to the first quarter in 2013, according to a press release by eBay.

Global commerce continues to grow, with total company enabled commerce volume increasing 24% in the first quarter to $58 billion.  Mobile enabled commerce volume increased 70% to $11 billion, representing 19% in volume.

Mobile downloads since its inception, has exceeded to 240 million and has attracted 6.5 million new customers in the first quarter.  Cross-border trade grew 24%, representing $13 billion, or 22% of total enabled commerce volume.

PayPal net total payment volume grew 27% with merchant service volume up 32% and on-eBay volume is up 15%.  Revenue grew to $1.8 billion.  PayPal gained 5.8 million new active registered accounts to end the quarter at 148 million, up 16%.  Global on-eBay penetration increased to 78.9%.

Ebay marketplaces gross merchandise volume grew 12%.  In the U.S. it was up 11% and internationally, it was up 13%.  Revenue grew to $2.2 billion,  the marketplaces gained 4.7 million new buyers to end the quarter with 145 million active buyers, an increase of  14%.

Top rated sellers in the company’s three largest markets grew its same-store sales of 19% and offered free shipping on 53% of transactions across those markets.  The selection of items available on the marketplaces grew to over 650 million listings, including both platform and non-platform offerings, reflecting the success of improved selling initiatives, particularly on mobile.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.