FILE PHOTO: The eBay logo is pictured on a phone screen in this photo illustration July 23, 2019. REUTERS/Brendan McDermid/Illustration

October 27, 2021

(Reuters) – EBay Inc on Wednesday exceeded market estimates for quarterly revenue as customers used its auction and e-commerce platform to shop online during the COVID-19 pandemic.

Revenue rose to $2.50 billion in the third quarter from $2.26 billion, beating analysts’ average estimate of $2.46 billion, according to Refinitiv data.

(Reporting by Nivedita Balu in Bengaluru; Editing by Aditya Soni)


Source: One America News Network

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