Online auction house
eBay has
reported record consolidated net revenue of $1.83bn for the second quarter of
2007, representing year-on-year growth of 30 per cent.
Following a strong performance from eBay-owned
PayPal and
Skype during
the quarter, net income increased 50 per cent year over year to $376m.
"The quarter was a very good one for the company, as our portfolio of
businesses continued to deliver value to our global community," said eBay
president and chief executive Meg Whitman.
"Providing a great user experience has always been critical to our success
and will remain part of our ongoing focus as we expand the business further."
Net sales revenues at eBay marketplaces totalled a record $1.29bn during the
period, a growth rate of 26 per cent over last year as eBay users posted 559
million listings.
PayPal net revenues reached a record $454m, a growth rate of 34 per cent over
the same period last year, while Skype net revenues totalled a record $90m, a
growth rate of 103 per cent.
EBay now expects consolidated net revenues for 2007 to be in the range of
$7.3bn to $7.45bn.
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