In the last few years, there has been a familiar ring to the eBay quarterly results: PayPal is fuelling the growth, but the Marketplaces business is lagging. That’s not the case with Q3 2012. The marketplaces chunk of the business, has enjoyed some very encouraging growth.
“We had a great third quarter across our company, with Marketplaces and PayPal accelerating customer growth,” said John Donahoe, President and CEO of eBay Inc.. “Mobile continues to be a game changer for us, and we continue to be a clear leader in mobile commerce and payments. With our strong portfolio and global reach, we are consistently demonstrating our capabilities to help consumers shop anytime, anywhere. And we are enabling retailers of all sizes to compete in a rapidly evolving, multichannel commerce environment.”
As is usual, we leave it to people cleverer than us to analyse and dice the results for those who want expert opinion.
TechCrunch adeptly provide the headline numbers in their piece, Thanks To Marketplace And PayPal Growth, eBay’s Q3 Revenue Up 15 Percent To $3.4B, Net Income Up 22 Percent.
Scot Wingo, as ever, provides concise insights with sellers in mind on the eBay Strategies blog: Details of eBay’s Q3 2012 Results with key metrics for sellers
And if you really want to nerd out, here’s the full transcript of the earnings call.