eBay reports Q1 revenue of $3.0B, up 42% YoY and profits of $641M, as GMV rose 29% to $27.5B, while active buyers increased 7% to 187M worldwide; stock down 5%+ (Levi Sumagaysay/MarketWatch)

eBay reports Q1 revenue of .0B, up 42% YoY and profits of 1M, as GMV rose 29% to .5B, while active buyers increased 7% to 187M worldwide; stock down 5%+ (Levi Sumagaysay/MarketWatch)




Levi Sumagaysay / MarketWatch:

eBay reports Q1 revenue of $3.0B, up 42% YoY and profits of $641M, as GMV rose 29% to $27.5B, while active buyers increased 7% to 187M worldwide; stock down 5%+  —  EBay Inc.’s first-quarter results beat expectations on growth in its core categories, namely sneakers and luxury watches, the company said Wednesday.





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