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
eBay CEO Devin Wenig answered shareholder questions after he gave a presentation following this morning’s annual meeting. eBay webcast the event, but the audio went dead for the last minutes of the broadcast during the entire Q&A portion. During the Read more
eBay grew Gross Merchandise Volume (the value of goods sold on its Marketplaces) by 13% in the first three months of 2018, or by 7% on an FX neutral basis (foreign exchange). That was the same FX-neutral growth rate as Read more
eBay grew GMV 7 percent year-over-year in the fourth quarter of 2017 on a foreign-exchange neutral basis. Eclipsing the news was eBay’s bombshell announcement that it will become a payments intermediary, as terms of its operating agreements entered into with Read more
eBay grew sales on its Marketplace 9% in the third quarter, or 7% after factoring in foreign exchange (FX-neutral). In a press release reporting the company’s total performance, eBay CEO Devin Wenig called the quarter its fastest volume growth in Read more
