Fourth Quarter Preview On ebay
EBay Inc. reports earnings for the fiscal fourth quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
OVERVIEW: The online auctioneer likely benefited from the fourth-quarter holiday shopping rush, as more people flocked to the Web to buy gifts this season than ever before.
EBay watched to see whether a new set of fees was effective in jolting an increase in regular auction listings. However, analysts noted that eBay stepped up the number of promotions intended to lure more sellers to post items on the site, which can eat into earnings.
No comments yet.
Leave a Reply