eBay's Q2 2016 Sees $19.8 Billion in Marketplace Sales, Passes 1 Billion Live Listings
eBay reported its Q2 2016 earnings today. Marketplaces delivered $19.8 billion in gross merchandise volume (GMV), up by 5%, and $1.8 billion of revenue, up by 3%. eBay higlighted the fact that eBay.com and other marketplaces have over 1 billion live listings for the first time. In Q1 there was 900 million active listings, so the products' catalog has grown by 11% in just three months. Given how the big the catalog was to start with, that's a very impressive growth rate.
Read more