eBay reports $2.3bn Q2 revenue

eBay has reported a Gross Merchandise Volume (GMV) of $21.5bn and a revenue of $2.3bn for the second quarter (Q2) of 2017. “In Q2, eBay delivered strong top and bottom line financial results, led by Marketplace acceleration,” said Devin Wenig, President and CEO of eBay, in a statement issued yesterday (20 July).

“During the past two years, we have made significant progress to modernize eBay and drive growth by improving the customer experience, creating a product catalog that covers more than half of our inventory, and sharpening the eBay brand.  We are on track and focused on creating an even stronger eBay for years to come.”

The company’s revenues and earnings were inline with market expectations.