Why eBay Is Targeting the Used and Refurbished Markets
eBay (NASDAQ: EBAY) recently announced strong third-quarter earnings results that passed investors' expectations on key metrics like sales growth, profits, and cash flow. The online-marketplace giant also raised its 2020 outlook, implying continued momentum heading into the holiday shopping period.
In a conference call with Wall Street analysts, CEO Jamie Iannone and his team added context to that forecast while breaking down the major factors supporting its gains in market share this year.
Let's look at a few highlights from that presentation.
Source Fool.com