EBay Sees Fastest Growth In Germany and United Kingdom
Published June 29th, 2006
eBayyer.com
eBay saw overall listings grow 28% year-over-year so far this quarter, driven by especially large increases in Germany and the United Kingdom, according to a Monday report from Bear Stearns.
The research firm maintained a rating of “peer-perform†and a target price of $30 on eBay.
“Quarter to date, we estimate that sellers listed 104 million items on the German site, up 4% quarter-to-quarter and 46% year-over-year,†said Bear Stearns analyst Robert Peck, the author of the report.
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