While some analysts already believed that sky-rocketing EBay has already reached its top due to growing competition from Google, EBay today posted another record quarter in his history.
Turnover in the 3rd quarter rose by 31% to USD 1,449 Bln and profits rose 10% to USD 280,9 Mln.
Strongest contributor to the increase was PayPal of which revenue rose 41%. PayPal now has about 123 Mln. accounts. VoIP service provider Skype contributed USD 50 Mln turnover (plus 13%) with about 136 Mln registered users (plus 20%). So far Skype has not earned money for EBay.
Source:MarketWatch
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