eBay priced an offering of senior unsecure notes that will raise funds for general corporate purposes, which may include repayment of indebtedness, capital expenditures, share repurchases, and possible acquisitions. An excerpt of the press release follows: eBay Inc. Prices $2.5 Read more
eBay grew Marketplaces GMV 5% on an FX-neutral basis to $19.8 billion in the second quarter of 2016 (April, May, and June), while Marketplaces revenue grew 3%. Adding in StubHub ($1.1 billion in GMV), eBay’s total GMV for the quarter Read more
eBay Marketplaces GMV grew 4% in the first quarter year-over-year accounting for foreign currency (“FX-neutral”), company executives said during an earnings conference call with Wall Street analysts on Tuesday. Marketplace revenue was up 3% on an FX-Neutral basis during the Read more
“What will eBay do with $750 million?” a reader asked upon reading that the company was raising that amount by offering 6% notes. According to eBay’s press release on Monday, it expects its offering of $750 million in senior unsecured notes to Read more
eBay grew its total Gross Merchandise Volume and revenue by 5 percent in the fourth quarter of 2015, year-over-year. And while its StubHub and Classifieds businesses did well, eBay Marketplace GMV grew 4 percent, while revenue growth was nearly flat Read more
eBay revenue fell 2% year-over-year – which was an increase of 5% on an FX-neutral basis (currency exchange). In a post-earnings conference call, CEO Devin Wenig used terms like “solid performance” and “a step in the right direction.” Transaction revenue Read more
eBay Marketplaces GMV fell 2 percent in the second quarter, year-over-year (or a growth of 6% taking away the impact of foreign currency exchange). Incoming CEO Devin Wenig told Wall Street analysts he was looking to social media and messaging Read more
On the same day it’s raising fees for a majority of sellers, eBay is holding its annual shareholder meeting where it offers the small audience of investors the opportunity to ask questions. Sellers aren’t known for using the event to Read more
Another report is out with a negative assessment of eBay Marketplaces. SunTrust’s Bob Peck is expecting eBay to report a “lackluster” first quarter when it reports earnings next week. And if it seems like everyone is picking on eBay, understand Read more
Another report shows troubling trends for eBay. Wall Street analyst Colin Sebastian of Robert W. Baird said his proprietary Marketplace survey shows ongoing weakness in merchandise volume growth, with March in the low-single-digits (est. 2-3%) and slightly below February growth Read more
