eBay plans revenue of $ 7.45 billion in 2007

One of the most successful Internet giants continues to expand its business. The owners of the online auction site eBay reported income for the I quarter. 2007. Thanks to the increase in turnover, the opening of foreign affiliates and the acquisition of competitors, the total turnover of eBay increased by 27% compared to last year and reached $ 1.77 billion, and the profit (even after deductions made) increased by 52% to $ 377 million, which above analysts' forecasts.

The total number of lots at the auction increased by only 2% to 588 million units, and their total value increased by 14% to $ 14.28 billion.

In 2007, eBay plans to crank from $ 7.2 billion to $ 7.45 billion. To date, American and foreign affiliates are bringing eBay exactly half the revenue, this year for the first time, the US share will fall below 50%.
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The main profit ($ 1.25 billion of $ 1.77 billion) of the company brings the site with auctions, where the number of registered users increased by 21% to 233 million people. The rest of the money eBay earns thanks to the PayPal payment system ($ 439 million in the first quarter of 2007; that is, + 31%), whose number of participants increased to 143 million. The income of another division, Skype, is incommensurably small: only $ 79 million, Moreover, the VoIP-company first came to profit. As you know, eBay paid for it $ 4.1 billion in 2005.

via New York Times