Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from the line of Franco Turrinelli.
Franco Turrinelli - William Blair & Company
Bill, Steve, good afternoon. Congratulations.
Bill McKiernan
Hey, Franco.
Steve Pellizzer
Hey, Franco.
Franco Turrinelli - William Blair & Company
We should have a BHAG of doing this conference call in less than half an hour, how is that? Bill, could you comment a little bit on -- obviously there has been a lot of press of PayPal and Google certainly encouraging a lot of eCommerce volume through some of the promotions that they ran. Did you really see or can you think that you detected the impact of those competitive efforts in terms of the overall volume that you experienced?
Bill McKiernan
As you can tell from our results, Franco, we had a very strong quarter by any measure. Our volumes grew up substantially. Our revenue was up substantially. So, I don't think we detected any loss of share to either Google Checkout or to PayPal. However, having said that, both of those companies we view as formidable competition, so we certainly do keep our eyes on them.
Franco Turrinelli - William Blair & Company
I was actually wondering Bill that, [it's more than] the market share you'd see the effort promote a higher level of awareness of online purchasing or maybe a higher level of willingness to purchase online, particularly with some of the shipping cost promotions that were out there?
Bill McKiernan
I'm not sure that those promotions had that big of an impact. I think eCommerce is still gaining momentum. I think every holiday season we see a big spike as more-and-more people use it for the first time and those people who have used it in the past increase their usage during the holiday season. And then generally what we see is that, unlike traditional retail, where you've got a spike in Q4, and that sort of drops off into the first quarter. I think what we see in eCommerce is that all of those people who had good experiences in the fourth quarter continue to use the Internet to buy things. So, our hope is that we will see that trend continue through 2007.
Franco Turrinelli - William Blair & Company
Indeed. I have a couple of net -- picky financial questions. So, let me -- let other people jump on board now, I'll come back if there are no further questions. Thank you.
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