eBay Reports Earnings Beat and Projects Double-Digit Merchandise Volume Growth
eBay reported higher-than-expected revenue and earnings. Gross merchandise volume rose 15% to $23.2 billion; the company said growth was robust and broad-based, partly due to its AI-powered Magical Listing technology.
By Janet H. ChoThe auction site eBay reported another quarter of higher-than-expected revenue and earnings, saying its growth is robust and broad-based, partially because of artificial-intelligence-powered "Magical Listing technology."Gross merchandise volume grew 15% to $23.2 billion, well above t…