Recently eBay has announced it’s financial quarterly report, eBay posted its profits for the Q4 ended on Dec. 31, 2013 and confirmed it has gained profit of $4.5 billion which is increase of 13 percent when compared to Q4, 2012. According to eBay company report the earning of eBay store $850 million and 65 cents per share for the last quarterly.
Annual growth measure of the performance of a company. Total mobile eCommerce volume grew 88 percent, through eBay store climbing $22 billion and PayPal hitting $27 billion in 2013, according to eBay Inc. CEO and precedent John Donahoe, it has added more than 14 million customers.
EBay has also disclosed that it has received a proposal from Carl Icahn, who has nominated two of his representatives to the organization’s Board of Directors. According to company reports, it was a ‘Non-tying proposal’ for a spinoff of its PayPal business into separate Company.
The organization’s Board of Directors has concluded that the present strategic methods best serves eBay and its shareholders. EBay also focused out that its online payment service PayPal, drives enhancement in installments at worldwide scale and makes esteem for shoppers, traders and shareholders.
Payment method is important part of commerce. Everyone love to purchase, no one loves to pay. According to eCommerce gurus, they are focus on taking the friction out of payment. They want to make it easy safe and secure, drive engagement and more value for customers and retailers. They said that our objective is that PayPal and eBay are as one. eBay also disclosed that PayPal delivered strong Q4, 2013 results. PayPal reported revenue of $6.6 billion in Q4 2013 which is increase of 19 percent when compared to Q4 2012.
Looking in Front: eBay is expected to again distribute traditional leadership for the first quarter in 2014. Analysts has surveyed recently in Thomson Reuters that supposing 72 cents a share in receiving and $4.3 billion in profits for the current quarterly and $3.12 a share in earnings and $18.5 billion in revenue for 2014. To get more current information about eCommerce solutions, you can click here.