Executive Summary

• eBay reported net revenue of $2.69 billion in 2Q19, up 1.8% year over year and beating the consensus estimate of $2.68 billion.
• The number of active global buyers increased 4% year over year to a total of 182 million.
• The company expects revenues of $2.61-2.66 billion in 3Q19, representing growth of 1-3% on a currency-neutral basis.