Ebay raises full-year forecast as third-quarter sales surge


Ebay has reported a strong set of third-quarter results, which chief executive Jamie Iannone said “exceeded expectations on both the top and bottom lines”.

The online marketplace reported a 25% uplift in revenue year on year to $2.6bn (£2bn) in the three months to September 30 as the group’s number of active buyers increased by 5%.

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