
eBay Sales Grew by Just 4% in Q3 2016
eBay reported Q3 2016 financial results this week. Gross Merchandise Volume (GMV) grew to $18.9 billion, up from $18.6 billion last year, but only by 4%. In comparison eBay did $19.7 billion in sales in Q2 up by 5% from the year before. Overall, the results are not promising. Furthermore eBay active buyers growth is slowing down. In Q3 eBay had 165 million buyers, up by 3% from last year.
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