How Much Did eBay Marketplaces Grow in Q1 2016?
eBay (NASDAQ:EBAY) reported solid first quarter results on Tuesday, with revenues rising 4% year-over-year (y-o-y) to $2.14 billion, beating Reuters’ compiled consensus estimate of $2.08 billion. Top line growth was driven by a 34% y-o-y sales increase in eBay-owned tickets marketplace StubHub and a 17% increase in Marketing & Advertising revenue. eBay’s main marketplace platform reported a revenue decline of 2.3% y-o-y owing to a lower average take rate of 7.7%. The take rate represents eBay’s commission on items sold.
Have more questions about Ebay? See the links below:
- eBay Beats Q1 Estimates On Marketing Revenue Growth, Cost Cutting
- What Is Ebay’s Revenue And Earnings Breakdown In Terms Of Different Operating Segments?
- How Much Did Ebay’s Revenue & EBITDA Grow In The Last Five Years?
- How Much Can Ebay’s Revenue & EBITDA Grow In The Next Five Years?
- How Has Ebay’s Revenue Composition Changed In The Last Five Years?
- Is eBay Focusing On Brand Building?
Notes:
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap |More Trefis Research