posted on March 26, 2001 01:17:43 AM new
I'm working a research of online consuming sites for my uni. grad. final year project.
While I studied eBay 2000's income statement, i found that it's "Cost of net revenues" reached $95m.
I doubted that as if eBay only acts as a intermediate agent for providing an online market place, while it didn't keep any inventory for trading.
How come it had that $95m "cost of revenues"?