Financial PerformanceEBay delivered yet another quarter of better-than-expected results, with GMV, revenue, and Adjusted OI all coming in modestly ahead of Street expectations by ~1-4%.
Innovations And TechnologyEBay continues to ramp usage of AI and GenAI capabilities on the platform to modernize the look and feel of the user interface and improve the quality of results.
Market PositionEBay may also be benefiting from higher-income consumers trading down, with the marketplace offering a disproportionate selection of used and refurbished items vs. other platforms.