Subscribe free to our newsletters via your
. Military Space 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
Jacobs supports Patriot Excalibur system

Russia prepares a response to US missile defence plans

Northrop Grumman Completes SBIRS HEO-3 Payload Integration and Ambient Functional Test

Report: Funding for Iron Dome could be cut

TRADE WARS
Full production for German army missile

Raytheon awarded $349 million US Army contract for TOW missiles

UN's Ban alarmed by North Korea missile claim

Raytheon awarded US Army contract for TOW missiles

TRADE WARS
Innocon selects Imint's Vidhance video enhancement engine and video tracker for its small unmanned aerial vehicles

Venezuela serious about producing drones

Israel unveils Flying Elephant, other UAVs

Israel's IAI 'wins $958M India drone deal'

TRADE WARS
$15M order for Harris tactical radios

SPAWAR Atlantic taps Engility

Northrop Grumman Begins Production of EHF SatCom System for B-2 Bomb

Mutualink Selects Benchmark to Manufacture Interoperable Communications Systems on Global Scale

TRADE WARS
Peru begins de-mining operations

Ukraine Brings Back Naval Killer Dolphins

4,000 tonnes of old munitions explode in Russia

Lockheed Martin Completes Centralization Of Targets and Countermeasures Operations in Huntsville

TRADE WARS
Putin slams dictation to Russia on arms trade

China leads rise in Asia military spending: study

Britain to investigate military 'cash for access' claims

EADS/BAE deal collapse a setback, mergers still needed: analysts

TRADE WARS
Chinese warships sail near Japan island: Tokyo

Outside View: Ready, aim fire!

Obama dismisses Romney tough talk on China

France refuses to take sides in China-Japan islands row

TRADE WARS
New Techniques Stretch Carbon Nanotubes, Make Stronger Composites

New Way to Prevent Cracking in Nanoparticle Films

Queen's develops new environmentally friendly MOF production method

Drawing a line, with carbon nanotubes




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