Strong Financial Performance
eBay delivered better-than-expected results with an 8% increase in gross merchandise volume (GMV) to $20.1 billion, revenue growth over 8% to $2.82 billion, and a 14% increase in non-GAAP earnings per share to $1.36.
Focus Category Growth
Focus category GMV growth accelerated to over 15% in Q3, driven by collectibles, motor parts and accessories, and fashion. Collectibles saw triple-digit GMV growth in Pokémon for the third consecutive quarter.
Expansion of eBay Live
eBay Live experienced a 5x increase in annual GMV run rate year-over-year, with expansion into the UK and Germany, featuring events with notable personalities and partnerships.
AI and Technological Advancements
eBay continued leveraging AI with improvements in listing tools, member-to-member messaging, and personalized shopping experiences, contributing to improved user engagement and advertising performance.
Successful Strategic Initiatives
Strategic growth vectors include enhancements in shipping solutions, particularly in response to new trade policies, and the acquisition of Tise to strengthen leadership in the circular economy.