eBay CEO Jamie Iannone revealed his strategy on Tuesday for a “technology-led reimagination of eBay.” Unlike recent predecessors, the new CEO is placing importance on “consumer sellers” – those who may sell on eBay to buy on eBay. In a Read more
eBay said its business is performing significantly better than the expectations it shared in its April 29th earnings release. eBay shared the news in a press release announcing it was raising quarterly guidance. While it’s not adjusting full-year guidance at Read more
eBay Inc. reported third quarter 2019 results on Wednesday, showing revenue of $2.6 billion – flat, on an as-reported basis and increasing 2% on a foreign exchange (FX) neutral basis. Gross merchandise volume (GMV) of $21.7 billion was down 4% Read more
Sales on eBay Marketplace, referred to as Gross Merchandise Volume (GMV), were $21.5 billion in the second quarter, down 5% on an as-reported basis and down 1% on a FX-Neutral basis. Marketplace revenue was $2.2 billion, which was 1% growth Read more
The current year is off to a great start, eBay CEO Devin Wenig told shareholders several times during a presentation at the company’s annual meeting this morning. He kept the focus away from eBay’s GMV growth rate and emphasized instead Read more
eBay Marketplace GMV – the value of sales of its sellers – was down 4% in the first three months of 2019, a decline of 1% taking into account the impact of foreign exchange. Nevertheless, eBay grew its own revenue Read more
eBay CEO Devin Wenig tweeted that the company paid its first cash dividend today. eBay had announced in January it would issue a dividend after experiencing stagnant growth in the fourth quarter of 2018 and facing pressure from activist investors. Read more
eBay spent more on marketing in the fourth quarter, but sales were nearly flat at a paltry 2% growth in GMV compared to a year ago. US sellers took the biggest hit – eBay reported GMV decreased in the US Read more
eBay grew Marketplace GMV (sales) 5% in the third quarter. eBay grew active buyers by 4% across its platforms in the quarter; it had boosted its investment in brand marketing this year. eBay CEO Devin Wenig appears to be pinning Read more
eBay grew Marketplace GMV (Gross Merchandise Volume) by 7 percent fx-neutral in the second quarter of 2018 to $23.6 billion, with revenue of $2.6 billion. Press release follows: eBay Inc., a global commerce leader, delivered revenue for the quarter ended Read more
