The Velocity of the Ebay Marketplace
Ebay is one of the most well-known names in the digital landscape, but just how big is the company, how many individuals and enterprises are using the platform to sell, and how much are they spending to do so?
A new report out from TrueShip reveals just some of the data that indicates how strong the Ebay marketplace is 20 years in:
+ As of the fourth quarter of 2015, has a gross merchandise volume of $21.9 billion and reported revenue of $2.3 billion with an active buyer base that increased by 5% to number 162 million users.
+ At any given time, there are over 800 million items that are on sale in this marketplace, with over 160 million potential bidders/buyers.
+ 80% of the goods on the site are new, relative to the marketplace’s evolution from being an online auction house to something much more grandiose.