EBay deepens e-commerce gloom with disappointing forecast as pandemic boom fades

May 05, 2022 7:09 AM

BENGALURU (REUTERS) – EBay on Wednesday (May 4) became the latest e-commerce retailer to give a gloomy revenue forecast as growth slows in the sector after two years of rapid expansion during the pandemic, sending its shares down 6 per cent in extended trading.

Source : https://www.straitstimes.com/business/companies-markets/ebay-deepens-e-commerce-gloom-with-disappointing-forecast-as-pandemic-boom-fades