Question:
on the announcements board today. I like the results of Paypal. They claim if i am reading it right almost $7 billion went thru Paypal. If you look at their income though for Ebay it says $1.1 billion. Does that mean almost $6 billion was from off site sales?
Response:
on the announcements board today. I like the results of Paypal. They claim if i am reading it right almost $7 billion went thru Paypal. If you look at their income though for Ebay it says $1.1 billion. Does that mean almost $6 billion was from off site sales?
PayPal users sent each other almost 7 billion in payments. That’s not PayPal’s income. The $1.1 billion is eBay Inc.’s total revenue (including eBay and PayPal) i.e. the fees paid to eBay and PayPal — not the total paid by users to each other.
Response:
PayPal users sent each other almost 7 billion in payments. That’s not PayPal’s income. The $1.1 billion is eBay Inc.’s total revenue (including eBay and PayPal) i.e. the fees paid to eBay and PayPal — not the total paid by users to each other.
And paypal does have a life outside of ebay – many Mom’n'Pop sites use it, and a fair number of larger sites, too. — Andrew http://www.weirdity/ebay/
Response:
on the announcements board today. I like the results of Paypal. They claim if i am reading it right almost $7 billion went thru Paypal. If you look at their income though for Ebay it says $1.1 billion. Does that mean almost $6 billion was from off site sales? PayPal users sent each other almost 7 billion in payments. That’s not PayPal’s income. The $1.1 billion is eBay Inc.’s total revenue (including eBay and PayPal) i.e. the fees paid to eBay and PayPal — not the total paid by users to each other.
Does it say how much $ was spent or transfered by using Paypal? I was trying to see something of how much non Ebay business Paypal had done.
Response:
- Hide quoted text — Show quoted text – on the announcements board today. I like the results of Paypal. They claim if i am reading it right almost $7 billion went thru Paypal. If you look at their income though for Ebay it says $1.1 billion. Does that mean almost $6 billion was from off site sales? PayPal users sent each other almost 7 billion in payments. That’s not PayPal’s income. The $1.1 billion is eBay Inc.’s total revenue (including eBay and PayPal) i.e. the fees paid to eBay and PayPal — not the total paid by users to each other. Does it say how much $ was spent or transfered by using Paypal? I was trying to see something of how much non Ebay business Paypal had done.
You were correct that the total spent via PayPal is the $6.7 billion. What you don’t know is what is the total spent on eBay purchases. And even if you knew that, you don’t know how many of those eBay purchases used PayPal. The total spent by buyers on eBay is actually much more than the total payments sent via PayPal The announcement does give the total sales in various categories on eBay: eBay Motors at $14.1 billion Clothing & Accessories at $3.1 billion Consumer Electronics at $3.0 billion Computers at $3.0 billion Books/Movies/Music at $2.5 billion Home & Garden at $2.4 billion Sports at $2.1 billion Collectibles at $2.1 billion Jewelry & Watches at $1.6 billion Business & Industrial at $1.5 billion Toys at $1.5 billion Cameras & Photo at $1.3 billion Even excluding eBay Motors (not to mention the categories for which we have no info) you still have a number several times higher than the total payments sent via PayPal.
Response:
on the announcements board today. I like the results of Paypal. They claim if i am reading it right almost $7 billion went thru Paypal. If you look at their income though for Ebay it says $1.1 billion. Does that mean almost $6 billion was from off site sales?
eBay doesn’t make all the money from each sale but they’re working on it. Ed
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