eBay 2005 Annual Report Download - page 56

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Year Ended December 31,
2003 2004 2005
(In millions)
Payments Segment:
Total accounts(6) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 40.3 63.8 96.2
Active accounts(7) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 13.2 20.2 28.1
Total number of payments(8) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 229.8 339.9 480.7
Total payment volume(9) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $12,226 $ 18,915 $ 27,485
Communications Segment:
Registered Users(10) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Ì Ì 74.7
(1) Rent.com, Shopping.com, and our classifieds websites are not included in these metrics.
(2) Cumulative total of all users who have completed the registration process on one of eBay's trading
platforms.
(3) All users, excluding users of Half.com, Internet Auction, Rent.com, Shopping.com, and our classifieds
websites, who bid on, bought, or listed an item within the previous 12-month period. Includes users of
eBay EachNet in China and eBay India since the migration to the eBay platform in September 2004 and
April 2005, respectively.
(4) All listings on eBay's trading platforms during the quarter, regardless of whether the listing subsequently
closed successfully.
(5) Total value of all successfully closed items between users on eBay's trading platforms during the quarter,
regardless of whether the buyer and seller actually consummated the transaction.
(6) Cumulative total of all personal, premier, or business accounts opened, excluding accounts that have been
closed or locked and the payment gateway business accounts, and including users who made payments
using PayPal but have not registered.
(7) All accounts, and users whether registered or not, that sent or received at least one payment through the
PayPal system during the quarter.
(8) Total number of payments initiated through the PayPal system during the quarter, excluding the payment
gateway business, regardless of whether the payment was actually sent successfully, or was reversed,
rejected, or pending at the end of the quarter.
(9) Total dollar volume of payments initiated through the PayPal system during the quarter, excluding the
payment gateway business, regardless of whether the payment was actually sent successfully, or was
reversed, rejected, or was pending at the end of the quarter.
(10) Communications registered users represent the cumulative total of all users who have completed the
Skype registration process.
The U.S. Marketplaces segment includes our U.S. marketplaces commerce platforms, other than our
PayPal subsidiary. The International Marketplaces segment includes our international marketplaces com-
merce platforms excluding our PayPal and Skype subsidiaries. The Payments segment consists of our global
payments platform operated by our PayPal subsidiary. The Communications segment consists of our VoIP
offerings from our Skype subsidiary subsequent to our acquisition of Skype on October 14, 2005.
Our net revenues result from fees associated with our transaction, referral fees, advertising and other
services in our U.S. Marketplaces, International Marketplaces, Payments, and Communications segments.
Net transaction revenues are derived primarily from listing, feature and final value fees paid by sellers and fees
from payment processing services. Net revenues from advertising are derived principally from the sale of
banner and sponsorship advertisements for cash and through barter arrangements. Other non-transaction net
revenues are derived principally from contractual arrangements with third parties that provide transaction
services to eBay and PayPal users.
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