Jewelry and watches a key category for eBay

Jewelry and watches provided $1.5 billion in gross merchandise volume for eBay in the second quarter of 2005.

The San Jose, Calif.-based Internet auction house said the jewelry and watch business is one of 12 “key category performers” in the quarter, which delivered more than $1 billion GMV. Jewelry and watches ranked tenth.

EBay reported net revenues of $1.086 billion for the quarter, up 40% over the same period in the previous year; and operating income of $379 million, up 49% year. The company reported a net income of $291.6 million for the quarter.

“EBay achieved remarkable results in Q2,” said Meg Whitman, president and CEO of the company. “Excellent momentum in the U.S. and Germany, as well as at PayPal, all helped deliver an impressive jump in revenues and profit.”

The company also reported:

*A total of 157.3 million registered users, a 38% increase.

* A total of 64.6 million active users—defined as the number of users who bid, bought, or listed an item in the past 12 months—a 34% increase.

* New listings of 440.1 million for the quarter.

Other key category performers (not including jewelry and watches) for the quarter were: eBay Motors, $14.3 billion; Clothing & Accessories, $3.3 billion; Consumer Electronics, $3.2 billion; Computers, $2.9 billion; Home & Garden, $2.5 billion; Books/Movies/Music, $2.4 billion; Sports, $2.1 billion; Collectibles, $2.0 billion; Toys, $1.6 billion; Business & Industrial, $1.5 billion; and Cameras & Photo, $1.3 billion.

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