ebay
Ebay shares fell by more than 4% at times in after-hours trading on Wednesday after the US-based e-commerce giant released its outlook for the current quarter. The industry pioneer predicted sales of between $2.49 billion and $2.54 billion for the current quarter. Analysts had expected an average of $2.56 billion. Earnings per share could also fall short of market expectations. EBay is in fierce competition with Amazon and Chinese online retailers such as Temu and Shein, among others. The number of active buyers on the platform remained unchanged at 132 million for the fourth consecutive quart...
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世界最大規模のオンライン・マーケットプレイス「eBay(イーベイ)」では、日本製の商品が世界...
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US-based e-commerce giant eBay closed the past Christmas quarter with an increase in turnover, delivering above expectations. Revenues increased by 2% year-on-year to around $2.6 billion, eBay said after the US stock exchange closed on Tuesday. Profits increased by almost 8% to $724 million. The quarterly figures exceeded analysts' expectations and the share price rose by around 4% at times in after-hours trading. EBay is in fierce competition with Amazon and Chinese online retailers such as Temu and Shein. The number of active buyers on the platform remained unchanged at 132 million for the t...
DPA Breaking News
Washington (AFP) - Online marketplace eBay will pay $59 million in a settlement over US government allegations that equipment that can be used to manufacture illegal drugs was sold on its website, the Justice Department said Wednesday. eBay has also agreed to step up efforts to comply with federal regulations on the sale of pill presses and encapsulating machines, which can be used to produce counterfeit drugs laced with fentanyl, the DOJ said in a statement. The Justice Department had alleged that eBay violated the Controlled Substances Act, which requires sellers to verify the identities of...
AFP
New York (AFP) - The US Justice Department sued eBay on Wednesday for allegedly selling restricted pesticide products and devices that defeat motor vehicle emission controls. The complaint against the online marketplace was filed on behalf of the US Environmental Protection Agency (EPA) in a federal court in New York. It accused the San Jose, California-based company of selling hundreds of thousands of products in violation of the Clean Air Act (CAA) and other environmental protection legislation. "The complaint filed today demonstrates that EPA will hold online retailers responsible for the u...
AFP
Key Points eBay is trading nearly $10 below this year’s peak and nearly 50% off its October 2021 record high.The company’s recent acquisition spree comes with increased expenses in the short-term but increased opportunity for long-term growth.eBay is trading at huge discounts to broadline retail peers and is the 4th least expensive stock in the entire Nasdaq 100.The stock is flirting with technical oversold levels according to multiple indicators.While the market focuses on Q3 results, investors should be looking ahead to better profits in 2024 and beyond.5 stocks we like better than eBayeBay ...
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eBay and Etsy are comparable names in eCommerce but are different investments at heart.On the one hand, are blue chip dividends and on the other, growth.Q3 results were strong from both but one is a clear winner today.Choosing between eBay (NASDAQ:EBAY) and Etsy (NASDAQ:ETSY) is a simple choice between blue-chip dividends or riskier, small-cap growth. On the one hand, we have eBay, a well-established player in the eCommerce arena, and one with a well-recognized brand. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset a...
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eBay remains on a strong footing despite a decline in revenue during the latest quarter.GAAP net loss for the quarter came in at $1.3 billion, and Non-GAAP earnings came in at $625 million.Operating cash flow was $626 million, and free cash flow came in at $546 million.eBay (NASDAQ:EBAY) is an American multinational e-commerce company based in San Jose, California. eBay’s business model is not entirely insulated from the shocks of the broader economic environment, and this dynamic was reflected as revenue declined slightly for the first quarter. The model relies primarily on discretionary good...
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eBay remains on a strong footing despite a decline in revenue during the latest quarter.GAAP net loss for the quarter came in at $1.3 billion, and Non-GAAP earnings came in at $625 million.Operating cash flow was $626 million, and free cash flow came in at $546 million.eBay (NASDAQ: EBAY) is an American multinational e-commerce company based in San Jose, California. eBay’s business model is not entirely insulated from the shocks of the broader economic environment, and this dynamic was reflected as revenue declined slightly for the first quarter. The model relies primarily on discretionary goo...
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