eBay and Amazon both reported solid Q3 numbers. But if you dig a bit you’ll find that the growth engine behind both of these companies is non-US sales.
eBay
eBay reported that revenue from total transactions was $779.2 million up 51% from $517.1 million in the year-earlier period. Revenue from international transactions surged 82% to $282.3 million in the recent quarter.
Amazon
International sales increased 52% and now accounts for 44% of all sales. Contrast that against US sales, which rose only 15%. Next, compare “Media” sales between US and International segments. US Media sales came in at $564 million while international sales came in at $530 million.
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