This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/6296943.stm
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
EBay boosted by seasonal shoppers | EBay boosted by seasonal shoppers |
(about 5 hours later) | |
The internet auction site eBay has reported a 24% increase in profits in the final three months of 2006 compared with the same period last year. | The internet auction site eBay has reported a 24% increase in profits in the final three months of 2006 compared with the same period last year. |
Surging sales in the US, the UK and Germany meant that more than 81 million customers bought and sold $14.4bn (£7.3bn) worth of goods on eBay. | Surging sales in the US, the UK and Germany meant that more than 81 million customers bought and sold $14.4bn (£7.3bn) worth of goods on eBay. |
EBay, which takes a cut of an item's sale price as well as a listing fee, made $349m (£177.3m) profit. | EBay, which takes a cut of an item's sale price as well as a listing fee, made $349m (£177.3m) profit. |
Shares rose 10.2% in after-market trading, following the announcement. | Shares rose 10.2% in after-market trading, following the announcement. |
UK traders | UK traders |
"It was a very strong quarter capping a very strong year," eBay chief executive Meg Whitman said. | "It was a very strong quarter capping a very strong year," eBay chief executive Meg Whitman said. |
However she warned that it was taking longer than the company had hoped for eBay to start making money back off Skype - the internet calling firm it bought for $2.6bn in 2005. | |
Net income at the firm rose 29% to $1.72bn on the same period a year ago. | Net income at the firm rose 29% to $1.72bn on the same period a year ago. |
Britain is now the world's busiest eBay nation. | Britain is now the world's busiest eBay nation. |
There is more traded on eBay UK per head of population - about £50 a year each - than anywhere else, including the USA. | There is more traded on eBay UK per head of population - about £50 a year each - than anywhere else, including the USA. |
Previous version
1
Next version