Tags: ebay | shares | july | sales

EBay Shares Rise After Report of Strong July Sales

Monday, 13 August 2012 03:35 PM EDT

EBay Inc. shares rose as much as 3.8 percent Monday after ChannelAdvisor said the online retailer’s sales increased 28.2 percent in July, led by demand for cars and fixed-price name-brand items.

EBay climbed 3.3 percent to $45.45 at 2:56 p.m. New York time after earlier touching $45.65. ChannelAdvisor said EBay’s July growth from a year earlier was the biggest jump since the industry researcher started tracking the retailer. Sales of fixed-price goods -- those not sold through an auction -- rose 33.1 percent, while EBay Motors posted growth of 36 percent. Sales through auctions fell 1.1 percent from July 2011, ChannelAdvisor said in a blog posting Monday.

EBay is an investor in ChannelAdvisor, according to the blog.

© Copyright 2026 Bloomberg News. All rights reserved.


117
2012-35-13
Monday, 13 August 2012 03:35 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved