Contact Us          Submit a News Story          News Archives          Home

E-Commerce News

eBay's third quarter listings as strong as 2004

August 9, 2005

eBay's listings in the third quarter indicate continued strength on a year-over-year basis. Goldman Sachs maintained an "outperform" rating on the eBay, the largest online auction company.

For the period July 1 through Aug. 7, eBay reported listings of 175.8 million, up 28.9% year-over-year, and down 5.3% sequentially.

"We do not expect the year-over-year growth rates to continue to accelerate further in the coming weeks," Goldman said. For the full third quarter, the research firm estimates a 24.1% year-over-year listings increase and a 1.8% sequential decline.

EBay's strongest area of growth so far this quarter is in international listings, which are up 43.4% year-over-year, versus domestic growth of 17.3%, according to Goldman. The research firm reiterated fiscal 2005 and 2006 earnings-per-share estimates for eBay of 83 cents and $1.03, respectively.

Source: Forbes

Advertise on E-Commerce News

Advertise on E-Commerce News and increase your site's visibility while boosting your sales.

If you have a product or service that deals with the ecommerce or ebusiness field, advertising on E-Commerce News can bring you new sales leads and close new marketing channels. This news portal is read by over 25,000 people a week.

Businessmen and woman that either own an ecommerce website, an ebusiness franchise, a B2B commercial exchange or by people in all walks of life that need to keep abreast of this fast-changing field. For more information on the many advantages of advertising on our news portal or to request pricing information, please send us an email and a marketing representative will be glad to answer you promptly.

Contact | Submit News | News Archives | Home

Copyright E-Commerce News, 2005. All rights reserved.

Avantex offers professional Web hosting services at wholesale-only prices. Get the best Linux or Windows hosting package for your eCommerce website. Learn more by clicking here.