EBay Inc missed Wall Street estimates for quarterly revenue on Wednesday and the ecommerce firm forecast currentquarter sales below estimates, signaling opening up of economies and vaccine rollouts could fade the pandemicled shopping boom.In the past year, customers turned to ecommerce platforms during the coronavirus pandemic as they were homebound for months at a stretch, but vaccine rollouts are expected to lead a return to brickandmortar shopping as more people step out of their homes. EBay also faces competition in its marketplace business from larger rivals including Amazon.com and Walmart Inc's online business.
from Top Tech News- News18.com https://ift.tt/2Xm2tMD
Subscribe to:
Post Comments (Atom)
-
FIFA president Gianni Infantino made it clear that international matches can be postponed to handle the escalating threat of coronavirus. ...
-
The New Orleans Saints will soon add the name of the late Sam Mills to their ring of honor in the Superdome. from Top Sports News- News18....
-
The collaboration aims to strengthen Mastercard's cloud services and other capabilities and fintech partners, sparking innovation and cr...
No comments:
Post a Comment