Earnings
eBay Guides Depop To Add 4 Points To Fourth-Quarter GMV Growth After Cutting 9% Of Staff
CFO Peggy Alford says marketing savings in the core marketplace are being redeployed to Depop, whose U.S. users and sold items more than doubled.
EBAY
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Earnings
eBay Says Live Sellers Move Twice As Much On The Core Site As They Sell On Camera
CEO Jamie Iannone pitched eBay Live as a feeder for the main marketplace, while the CFO said take rate is not the goal.
Earnings
eBay Revenue Climbs 14% To $3.2 Billion, But Standard Profit Per Share Slips To $1.11
Adjusted earnings per share rose 12% to $1.51, while the Depop purchase and a tax swing weighed on profit under standard accounting.
Earnings
eBay Plans To Cut 9% Of Its Workforce, Says Quarter Will Beat Its Own Guidance
The restructuring carries $130 million to $150 million in pre-tax charges, most of them due in the fourth quarter.