By Lisa Lacy
E-commerce platform eBay reported Q1 revenue was $2.2bn, up 4% on an as-reported basis.
On an earnings call on Wednesday (April 19), President and chief executive Devin Wenig said, “Q1 was a good start to the year where we make progress redefining the eBay experience [and] brand.”
For his part, chief financial officer Scott Schenkel added that eBay will spend the remainder of the year focused on growing its base of active buyers and new experiences and it expects to close out 2017 with revenue of $9.3 to $9.5bn.
Wenig attributed user experience improvements and brand marketing to driving Read full story ›
Source: The Drum