e-Bay: nearly 21 billion USD in three months
The company was able to increase its turnover compared to the same period of last year. This year the turnover of the site increased by two percent to 20.9 billion USD, which is below the analyst’s expectations – portfolio.hu wrote.
The company’s revenue was 2.2 billion USD, which is an increase of four percent. EBay earned 1 billion USD in profits, which is more than double of the result of the previous period, but this is due to a technical tax effect. Operating income was 546 million USD, 68 million USD less than in the first quarter of 2016, but still reached a 24.6 percent operating margin. (portfolio.hu)
Related news
Marketplaces generate 63% of cross-border turnover
Last year, the total online cross-border market in Europe generated…
Read more >E-commerce: The sky is the limit
Artificial intelligence, grown social media influence, portable purchase – these…
Read more >(HU) Lehull a lepel az Amazon titkos fegyveréről: magyar webshopok is átvehetik az e-kereskedelmi óriás módszerét!
Sorry, this entry is only available in HU.
Read more >Related news
Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >Millions can make decisions about millions with just one move at Tesco
Millions of people once again have millions of forints and…
Read more >Healthy summer nutrition tips with Eisberg
With the arrival of the really hot summer and the…
Read more >