Share:
POST
TWEET
SHARE
SHARE
EMAIL

Mobile fuels strong 2012 results for eBay and PayPal

By Dan Wilson January 17, 2013 - 9:19 am

eBay has reported very strong fourth quarter 2012 results with the big story being that mobile has exceeded expectations and fuelled substantial growth for eBay marketplaces and also PayPal. In 2012, globally, PayPal processed $14bn of mobile payments and traded $13bn of goods using mobile devices such as smartphones and tablets.

For the entire eBay Inc. group, revenues rose 18% year on year to $3.9bn. PayPal reported 24% growth year on year, delivering a TPV (total payments value) of $41.5bn globally ($19.9bn domestically in the US and $21.6bn internationally) which made eBay Inc. $1.5bn in revenue. PayPal continues to be a strong engine of growth for eBay Inc..

Marketplaces revenues grew steadily too, delivering revenues of $2bn, up 16% on the same period in 2011. The US domestic/International mix on revenues stayed roughly static with 59% coming from international sales.

Global active users on eBay rose 12% year on year to 112.3 million. BIN/Fixed price continues to advance over auctions too. In Q4 2012, BIN accounted for 68% of sales volume. eBay has now enjoyed 14 straight quarters of sales growth, and a 75% recovery on the stock price since John Donahoe became CEO in 2008.

You can check out the official release from eBay here.

  • Steve
    4 years ago

    When are the EU going to clamp down on these percentage charges for electronic payments? these profits on paypal and the like are a scandal. its costs just 12p according to the Banks to process an electronic payment.

  • Steve
    4 years ago

    When are the EU going to clamp down on these percentage charges for electronic payments? these profits on paypal and the like are a scandal. its costs just 12p according to the Banks to process an electronic payment.

    • Gordon
      4 years ago

      True, Paypal is scamming the sellers. Ebay owns paypal, why should Paypal be entitled to charge any fees at all if the sale went on eBay is beyond me. Those 2 companies just cornered the market and now raising prices.
      They are getting rich on the back of people who source items, communicate with buyers and do all the logistics of shipping. I started looking into alternatives when selling. And when buying I check the sellers website and most likely the item will be 10-20% cheaper than eBay itself.