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eBay’s US sales grow only 3.4% in 2016

January 26, 2017

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The gross value of goods sold on eBay Inc.’s U.S. marketplace was $34.58 billion in 2016, a relatively weak 3.4% growth rate from $33.44 billion in 2015, the online marketplace reported Wednesday.

As a comparison, U.S. nonstore sales grew 12.8% in the fourth quarter, according to U.S. Commerce Department figures. Nonstore sales occur mainly on the web, but also include categories of retail sales that are declining, such as mail and phone orders, and door-to-door sales. The Commerce Department is scheduled to release 2016 and fourth quarter e-commerce sales data on Feb. 17.

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