PayPal's Third Quarter 2008 Financial Results
eBay reported third quarter 2008 financial results yesterday - saying that "PayPal had a strong quarter with $597 million in net revenue, an increase of 27% year-over-year. Net total payment volume (TPV) for the quarter was $14.81 billion, an increase of 28% year over year. The net revenue and net TPV growth was driven primarily by the continued excellent growth of merchant services globally and increased penetration on eBay. Global active registered accounts increased to 65 million, representing 19% year over year growth."
Glenbrook's Russ Jones takes a look at PayPal's third quarter results. SeekingAlpha.com has posted a transcript of eBay's Q3 2008 Earnings Call.
Add your comment... (note that all comments are reviewed before they're published)