eBay has a billion listings for the first time
On Wednesday eBay delivered its second quarter results. Earnings were in line with analyst expectation and represented $0.38 per undulated shares on total revenues of $2.2 billion up 7% year on year. You can digest the numbers more fully here. Doubtles we’ll be able to share more expert analysis from experts in the days to come.
What’s going well for eBay? Ticket sales via StubHub are performing strongly and there’s a good performance from eBay’s classifieds businesses including Gumtree.
But in the details one snippet leapt out. In Q216 eBay crossed the threshold for hosting 1 billion listings for the first timesaver. That’s a big milestone that also speaks to why eBay is so interested in delivering reforms with structured data.
eBay CEO Devin Wenig says: “Q2 was another good quarter where we delivered strong results and had acceleration in growth. We are now one year into executing our strategy to provide the best choice, the most relevance and the most powerful selling platform, and there are signs of momentum in our business. We continue to invest in our platforms to ensure eBay is a global commerce leader for years to come.”