Subscribe free to our newsletters via your
. Space Travel News .




TRADE WARS
Mobile commerce lifts eBay profits
by Staff Writers
San Francisco (AFP) Oct 17, 2012


US online giant eBay said Wednesday third quarter profits edged up two percent from a year ago to $597 million, driven by gains in mobile shopping and payments.

The profit of 55 cents a share excluding special items was a penny ahead of Wall Street expectations. And the ecommerce firm lifted its forecast for the rest of the year.

"We had a great third quarter across our company, with Marketplaces and PayPal accelerating customer growth," said John Donahoe, eBay president and chief executive.

"Mobile continues to be a game changer for us, and we continue to be a clear leader in mobile commerce and payments.With our strong portfolio and global reach, we are consistently demonstrating our capabilities to help consumers shop anytime, anywhere. And we are enabling retailers of all sizes to compete in a rapidly evolving, multichannel commerce environment."

Revenue for the third quarter increased 15 percent from a year ago to $3.4 billion, eBay said.

The Marketplaces platform allows people and small businesses to sell items online. But its PayPal online financial transactions platform and its GSI e-commerce services arm are also growing.

PayPal ended the quarter with 117.4 million active registered accounts, up 14 percent year-over-year, and revenue increased 23 percent.

Earlier this month, eBay unveiled a new look for its website inspired by social networks, giving consumers personalized suggestions to help them sift through the huge shopping site.

The ecommerce giant with 105 million active users will start giving its users a "newsfeed" and a "personalized homepage" with recommendations based on a user's shopping history or personal interests.

The liberal use of photos on the revamped eBay site seems to mimic the fast-growing social network Pinterest. The eBay newsfeed appears inspired by Facebook and users will also get a Twitter-like option to "follow" products or brands.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
BHP chief says China steel surge has peaked
Sydney (AFP) Oct 17, 2012
BHP Billiton chief Marius Kloppers said on Wednesday that China's steel surge had peaked and iron ore and steel growth was likely to decline, as the miner delivered a mixed quarterly production report. BHP produced 39.77 million tonnes of iron ore in the three months to September 30 - just one percent higher than a year earlier and three percent lower than the preceding quarter as China's s ... read more


TRADE WARS
AFSPC commander convenes AIB

Proton Lofts Intelsat 23 For Americas, Europe and Africa Markets

India to launch 58 space missions in next 5 years

SpaceX Dragon Successfully Attaches To Space Station

TRADE WARS
NMSU Graduate Student Looks For Indications Of Life On Mars In Possible Trace Methane Gas

Rover's Second Scoop Discarded, Third Scoop Commanded

Robotic Arm Tools Get To Work On Rock Outcrop

Curiosity Preparing for Second Scoop

TRADE WARS
Giant smashup created the Moon, say scientists

University of Tennessee study confirms solar wind as source for moon water

Russia to launch lunar mission in 2015

Moon water could have solar source: study

TRADE WARS
Sharpest-ever Ground-based Images of Pluto and Charon: Proves a Powerful Tool for Exoplanet Discoveries

The Kuiper Belt at 20: Paradigm Changes in Our Knowledge of the Solar System

e2v To Supply Large CMOS Imaging Sensors For Imaging Kuiper Belt Objects

Fly New Horizons through the Kuiper Belt

TRADE WARS
Glitch could end NASA planet search

Ultra-Compact Planetary System Is A Touchstone For Understanding New Planet Population

Nearest Star Has Earth Mass Planet

Distant planet found circling with 4 stars

TRADE WARS
Blue Origin Tests Rocket Engine Thrust Chamber

India testfires Mars mission engine

ATK Awarded $50 Million Contract for NASA's Advanced Concept Booster Development for SLS

Rotors seen as method of spacecraft return

TRADE WARS
China launches civilian technology satellites

ChangE-2 Mission To Lagrange L2 Point

Meeting of heads of ESA and China Manned Space Agency

China Spacesat gets 18-million-USD gov't support

TRADE WARS
Lost asteroid rediscovered with a little help from ESA

First Evidence of Dynamo Generation in an Asteroid

Asteroid fragments could hint at the origin of the solar system

A New Dawn For NASA's Asteroid Explorer




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement