Ebay Inc. Stock Price, News & Analysis

eBay (NASDAQ:EBAY) has launched Secure Purchase, a comprehensive digital solution for vehicle transactions on its platform. The new service streamlines the entire vehicle buying and selling process by managing payments, financing, registration, ownership transfer, and transport in a single interface.

The solution addresses a critical need, as nearly 80% of eBay's vehicle transactions in 2024 occurred across state lines. Secure Purchase includes identity verification for both parties, automated paperwork processing, digital fund transfers, and independent verification of vehicle documentation through national databases.

This initiative complements eBay's existing automotive services like eBay Guaranteed Fit and Tire Installation, reinforcing the company's commitment to enhancing the vehicle ownership experience.

eBay (EBAY) has launched an exclusive auction featuring pre-loved luxury fashion items and a customized 1993 Porsche 911 Carrera 4 Cabriolet ahead of Miami's race weekend. The auction, running through May 12, 2025, is curated in collaboration with model Winnie Harlow and includes vintage pieces like a Moschino leather vest, Celine boots, and a Gucci Jackie bag.

The highlight is a custom-built Porsche featuring upgrades sourced through eBay, including Corbeau Sport Seats, a Momo Monte Carlo steering wheel, and a Fabspeed Maxflo exhaust. Bidding starts at $0.57, symbolizing the race's lap count, with all proceeds benefiting Vitiligo Support International. Additionally, eBay will host a "Guaranteed Fit Stop" installation during the race weekend.

eBay has appointed fashion stylist Brie Welch as its Resident Stylist and launched the 'eBay Watchlist' trend report. Welch, known for styling high-profile clients like Katie Holmes and luxury brands, will serve as eBay's fashion authority. The Watchlist analyzes shopping behavior from 134 million users across 2.3 billion listings. Notable findings show that nearly 40% of all clothing, shoes and accessories sold on eBay in 2024 were pre-loved, with "vintage" searches exceeding 1200 times per minute. The report highlights key trends including Modern Bohemia, Well Suited, Function First, Dyed in Dusk, and Blue Hues, with significant growth in searches for items like fringe bags (+41%), oversized suits (+87%), and butter yellow dresses (+656%). This initiative aligns with eBay's commitment to circular fashion, following their Pre-Loved Fashion Week launch and "Endless Runway" show.

eBay announced significant leadership changes, with Steve Priest stepping down as CFO and Peggy Alford taking over the position effective May 12, 2025. Priest will remain as an advisor until July 31 to ensure a smooth transition.

The company is also restructuring its leadership to enhance innovation and cross-functional collaboration. Key changes include:

• Jordan Sweetnam appointed as Chief Commercial Officer, leading the newly combined Global Markets and Product organization
• Mazen Rawashdeh to head the unified engineering organization as Chief Technology Officer
• Eddie Garcia, Chief Product Officer, will be departing

These organizational changes aim to accelerate innovation, particularly in AI technologies, deepen team collaboration, and drive operational excellence. The restructuring brings together product and market teams into a more integrated structure, while consolidating Engineering into a single organization.

eBay reported strong Q1 2025 financial results with revenue reaching $2.6 billion, up 1% year-over-year. The company's Gross Merchandise Volume (GMV) grew to $18.8 billion, showing a 2% increase on an FX-Neutral basis.

Key highlights include:

• GAAP earnings per share of $1.06
• Non-GAAP earnings of $1.38 per share
• Operating margins of 23.8% (GAAP) and 29.8% (Non-GAAP)
• Returned $759 million to stockholders through share repurchases and dividends

The company expanded its AI initiatives, including a simplified listing flow and partnership with OpenAI. Notable developments include the Caramel acquisition for automotive transactions, enhanced authentication services in Japan, and integration with Facebook Marketplace. Advertising revenue reached $442 million, representing 2.4% of GMV.

eBay Ventures has awarded Refiberd a $300,000 investment as the winner of eBay's Circular Fashion Innovator of the Year Award. Refiberd's AI system can identify fabric compositions for accurate sorting and recycling, enabling efficient textile-to-textile recycling processes.

The investment is part of eBay's global Circular Fashion Fund, which will provide $1.2 million in total investments by the end of 2025 to support fashion startups focused on circular solutions. The fund partners with major fashion councils including BFC, CFDA, FCG, and AFC to provide mentoring and industry access.

Other country finalists receiving grants of $50,000 include:

• SOJO (UK) - Door-to-door clothing repair service
• MOOT (Germany) - Upcycling solutions for brands
• Shopfront (Australia) - AI-powered fashion resale platform

eBay reported strong Q4 2024 financial results with revenue reaching $2.6 billion, up 1% year-over-year. Gross Merchandise Volume (GMV) increased 4% to $19.3 billion. The company achieved GAAP earnings per share of $1.40 and Non-GAAP EPS of $1.25, with operating margins of 21.1% and 27.0% respectively.

For full-year 2024, revenue grew 2% to $10.3 billion, with GMV up 2% to $74.7 billion. The company returned $3.7 billion to stockholders through share repurchases ($3.1 billion) and dividends ($533 million). Q4 advertising revenue reached $445 million, representing 2.3% of GMV, with first-party advertising products growing 18%.

Key business highlights include expanded AI-powered listing tools, new payment options through Klarna partnership across European markets, and achieving 100% renewable energy usage for controlled facilities one year ahead of schedule.

eBay (NASDAQ: EBAY) has completed its acquisition of Caramel, an end-to-end online automotive transaction solution provider, as announced on February 6, 2025. Caramel's platform offers a comprehensive digital transaction experience for vehicle sales, handling paperwork, ownership transfer, financing, and transportation.

The Los Angeles-based company, founded in 2021, will continue to operate through multiple platforms, including its own site, contracted independent dealers, and various marketplace and auction partners. The integration aims to enhance eBay's automotive marketplace by providing a more secure and transparent vehicle transaction experience. Financial details of the acquisition were not disclosed.

eBay (NASDAQ: EBAY) has announced a definitive agreement to acquire Caramel, an end-to-end online automotive transaction platform. The acquisition, signed on January 11, 2025, aims to enhance eBay Motors by providing a secure and seamless digital transaction experience for vehicle purchases.

Caramel's platform streamlines the entire vehicle sale process, handling paperwork, ownership transfer, financing, and transportation across all US states. The platform operates through its own site and app, independent dealers, and various marketplace partnerships.

Founded in 2021 and headquartered in Los Angeles, Caramel's integration will enable eBay buyers to complete vehicle transactions with enhanced security and convenience. The deal is expected to close in Q1 2025, though financial terms were not disclosed.