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eBay Q3 revenue up 14% on secondhand demand and advertising growth

Barrons.com +1 · ·by G4L

EBAY EBay Inc
$120.97 -0.81%
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  1. 1eBay reported Q3 revenue of $3.2 billion.
  2. 2eBay Q3 GAAP net income fell 16% to $501 million.
  3. 3CEO Jamie Yanoone said demand for secondhand products and growth in key product categories supported results.

So what's the key point?

eBay's revenue grew 14% as more people looked for secondhand items and advertising sales increased. However, net income decreased to $501 million.

Source Barrons.com +1 · View original ↗

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