eBay Watchlist

tz-plus logo eBay Live grows triple digits: This is why the stock is now at a 52-week high

J. Meyer
Reading Time: 2 minutes

eBay is at a 52-week high because the company is growing operationally much stronger than expected a year ago. In the third quarter, gross merchandise volume increased by almost 16% to $23.2 billion, revenue rose by 13% to $3.21 billion, and adjusted EPS grew by nearly 12% to $1.51. Particularly, the new growth pillars are visibly gaining weight. eBay Live becomes a growth engine The most important new driver is eBay Live. The format now reaches an annualized merchandise volume rate of several billion USD and continues to grow at a clear triple-digit...

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