Quote:
Originally Posted by carlsonjok
You might have a more compelling argument if you weren't conflating PWCCs revenue with eBay's revenue. PWCC may make $350MM in a year, but eBay only captures a small portion of that. From their 10-K:
The majority of our revenue comes from a take rate on the GMV of transactions closed on our Marketplace and StubHub platforms.
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I'm not conflating the two. I was making a point about the sheer volume that PWCC does. I also pointed out how much ebay earns from those sales later in the post.