Welcome to our dedicated page for Ebay news (Ticker: EBAY), a resource for investors and traders seeking the latest updates and insights on Ebay stock.
eBay Inc. (EBAY) operates one of the world's largest digital marketplaces, connecting millions of buyers and sellers across 190 countries. This page serves as Stock Titan's definitive hub for tracking eBay's latest corporate developments, financial updates, and strategic initiatives.
Key resources include: Official press releases, quarterly earnings analysis, leadership announcements, and partnership disclosures. Investors gain insights into eBay's managed payments expansion, marketplace innovations, and global e-commerce trends through verified updates.
Monitor developments across financial performance, technology investments, and regulatory compliance. Our curated news feed simplifies tracking eBay's position in competitive online retail, collectibles authentication programs, and sustainability efforts.
Bookmark this page for real-time access to eBay's corporate communications, market-moving updates, and essential filings. Check back regularly for objective reporting on the company's evolving role in global digital commerce.
eBay Inc. reported Q1 2023 financial results, revealing a 1% increase in revenue to $2.5 billion. However, Gross Merchandise Volume (GMV) declined 5% to $18.4 billion. GAAP net income was $569 million, with a diluted EPS of $1.05. The company maintained a GAAP operating margin of 22.2%, down from 27.9% the previous year. Operating cash flow was $841 million, while free cash flow stood at $709 million. eBay returned $384 million to shareholders, including $250 million in share repurchases. Looking forward, eBay projects Q2 2023 revenues between $2.47 billion and $2.54 billion with diluted GAAP EPS expected between $0.65 and $0.70. The company also declared a dividend of $0.25 per share, payable on June 16, 2023.
eBay launched The '85 Shop in Chicago, celebrating the iconic Air Jordan 1 sneaker, which transformed sneaker culture. The pop-up store opens from April 6 to April 7, 2023, featuring a full collection of original Air Jordan 1s, including a rare sample from 1985, and other classic sneakers. Featured collaborations include sneaker sellers ShoeZeum and SoleStage. An online auction starts on April 5, allowing remote participation. eBay emphasized its commitment to sneaker authenticity, showcasing features like the Authenticity Guarantee, which has verified over 4 million sneakers.
eBay has appointed Shripriya Mahesh to its Board of Directors, effective immediately. Mahesh brings extensive experience in technology and consumer products, previously serving as VP at eBay and a venture capital partner. Her focus on innovative technologies is expected to be a valuable asset for eBay's strategic growth. Following this addition, the board will consist of ten directors, with nine being independent. Mahesh, who expresses enthusiasm for eBay's mission, aims to leverage her insights to enhance shareholder value.
FAQ
What is the current stock price of Ebay (EBAY)?
What is the market cap of Ebay (EBAY)?
