Forecast raised: Ebay is now looking more optimistic on 2020

The desire on the Online Shopping block, while the Corona-starting the American auction house, Ebay, is more optimistic on the full year look. The company raise

Forecast raised: Ebay is now looking more optimistic on 2020

The desire on the Online Shopping block, while the Corona-starting the American auction house, Ebay, is more optimistic on the full year look. The company raised on Tuesday its forecast and now expects net sales for the full year between 10,56 and 10.75 billion dollars. This corresponds to a growth of twelve to 14 percent. In the third quarter, it is likely to run better than analysts expected.

In the spring, which was marked by the global output lock, sales rose to 2.87 billion dollars to 2.42 billion dollars a year ago. Of Refinitiv interviewed experts had expected $ 2.8 billion. Because in the fight against the Coronavirus shops were closed, bought a lot of consumers instead of the Internet.

just last week, Ebay had been under pressure from the activist investors Elliott Management and Starboard Value its classifieds division, the Norwegian Adevinta for 9.2 billion dollars sold.

Updated Date: 29 July 2020, 02:19

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