q2 results bragging

[kevincal20]

says something like ebays best quarter since 2005? i guess they are talking in terms of.. FOR INVESTORS.

Because for us sellers, things are most definitely WORSE now than 2+ years ago.

I remember 2017 and 2018 being good, with 2019 going downhill

Now in 2020, sales are a disaster. returns are a disaster.

There is NO WAY things are better than ever for sellers. NO WAY. INVESTORS? I guess........

Im not happy. Im barely surviving.

I was doing fine on ebay buying and selling for a living in 2018 and before.

The last couple years have not been good at all.

I guarantee you most sellers are in the same boat I am.

PS - for proof things got worse. My paypal deposits from ebay were 80k in 2017 and 65k in 2018. 

I changed nothing, only thing that changed is people stopped buying as much.

Now in 2020 with this worldwide disaster, people are really not buying as much as they used to.

[alcoforever]

Since ebay as a whole is up, you must be the exception as a seller.  Nothing in retail stays the same forever.   You may need to rethink your product mix.

[ed8108]

Much has also changed for buyers since 2018, higher shipping costs, a sales tax, higher seller prices, etc

[aldente28]

It's not so much bragging as what they're required to do by law, as a public company. Having said that, you can understand why they had a great quarter. You would hope they had a great quarter, given the "new normal" stay-at-home lockdown economy. If they didn't have a great quarter, something would be very wrong, considering every other online retailer had a great quarter as people were forced to buy online because most of the stores in the country were closed.

However, this doesn't mean every ebay seller did great. I'm sure lots didn't. It depends on many things - too many to list. For example, perhaps those selling expensive luxury goods didn't do well as 30 million people lost their jobs and/or stayed home doing nothing for 100 days straight. People selling video games, on the other hand, probably did much better. You get the idea.

[femmefan1946]

Not only was my March to June selling up, apparently some 300-400%, but on one of my accounts I sell discounted mint postage to eBay sellers and that was going out hand over fist.
Then in mid-July, thud.

Back to the normal summer doldrums I've seen every year since 1998.

So yes, EBay has had a good Q2.

The shareholders will be happy, since eBay started paying out dividends on their profits last year.

[slippinjimmy]

says something like ebays best quarter since 2005?

What they mean is that in Q2 eBay had a 26% increase from the same period in 2019. For eBay, who have been stagnant over the past  few years that is spectacular growth. Like most companies, the big growth rates occur in the early years and level off as the business matures. Of course there are some companies that can maintain very high growth rates, Amazon for example, although they do it by giving up any hope of profitability from the Marketplace in spite of the massive volume.

Amazon have an earnings release today, will be interesting to see their numbers, they could/should be much higher than eBay.

One thing that is probably a certainty, when these companies report Q2 next year that growth rate will vaporize!