As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads
https://techcrunch.com/2018/10/30/as-stock-rises-on-a-slim-earnings-beat-ebay-tells-analysts-to-focus-on-payments-and-ads/
Despite increasing competition from traditional retailers like Walmart and Target, which have invested heavily in e-commerce, and the whupping it’s routinely taking from Amazon among pure e-commerce companies, eBay the 20-year-old lumbering Pez dispenser of an e-tailer, keeps plugging along.
Now, as it manages to eke out another earnings win by matching analysts’ expectations, the company is telling the bankers that watch it to look to advertising and payments for its future growth.