eBay’s US sales grow almost 5% while global GMV accelerates the most in 3 years
The value of goods transacted on eBay Inc.’s U.S. marketplace grew 4.8% to $8.78 billion during the company’s third quarter ended Sept. 30, the online marketplace reported Wednesday. That’s up from $8.38 billion during the third quarter a year ago. For the first nine months of 2017, U.S. gross merchandise value was $26.43 billion, up 2.6% from $25.76 billion. Globally, sales on eBay’s marketplaces increased 8.1% to $21.68 billion from $20.05 billion in the same quarter a year ago. Excluding the impact of foreign exchange rates, global sales grew 7% year over year, eBay says. For the first three quarters of the year, global GMV grew 4.2% to $63.98 billion from $61.42 billion. Click Read More below for additional information.