Wednesday February 26, 2020

EBay chief says turnaround will take time

Company has made marketing shift amid slowing growth

20th October, 2016
EBay has had success attracting new shoppers

Online marketplace EBay is testing investor patience with a lacklustre forecast for the Christmas shopping season, while executives say it will take more time for their turnaround efforts to pay off.

Shares, which have gained 28 per cent since July 1, fell as much as 8.9 per cent in extended trading last night after EBay projected fourth-quarter revenue and profit that may miss analysts’ estimates.

Chief executive Devin...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

What’s coming up today and what you might have missed

Hannah O’Brien | 2 months ago

What’s coming up today and what you might have missed.

Hannah O’Brien | 2 months ago