The popular online trading platform eBay released its quarterly figures on Tuesday, impressing with both a rise in revenue and increased profits. With an increase of two percent to approximately 2.6 billion dollars (2.4 billion euros) compared to the previous year, the company demonstrates its strength and resilience amidst fierce market competition. eBay thus exceeded analysts' expectations and reaffirmed its status as one of the leading global online retailers.

The company primarily sees itself in competition with industry giants like Amazon and Chinese online retailers such as Temu and Shein. Despite the intense competition, eBay was able to maintain its position in the last Christmas quarter, recording an impressive number of 132 million active buyers on the platform. However, this number remained constant compared to the same quarter of the previous year, prompting analysis and potential adjustments.

In January of this year, eBay already announced the elimination of 1,000 jobs to reduce costs and further strengthen the business. This corresponds to about nine percent of full-time employees and was justified by CEO Jamie Iannone as a necessary step to regulate rising costs. The decisions for cost-saving and efficiency improvement are part of the continuous optimization of the business and the increased focus on growth.

For the full year, eBay was able to report a profit of $5.22 per share compared to the previous year when the company was still in the red and recorded a loss of $2.270 per share. This significantly exceeded analysts' expectations, which had forecast a profit of $4.20 per share. Total revenue also increased from $9.66 billion to $10.01 billion, slightly below analysts' expectations of $10.06 billion.

At NASDAQ, investors were pleased with eBay's positive quarterly results, and the stock recorded a 7.88 percent increase to $47.89 in US trading. Investors are thus placing their trust in the future forecasts and growth potential of the company.

eBay Once Again Proves Its Competitiveness in the Online Retail Market and Excites Investors with Successful Quarterly Results. With a Solid Strategy and Continuous Optimization of the Business, the Company Will Continue to Play a Significant Role in the Global Economy and Strengthen Its Market Position.