The online trading platform Ebay expects weaker business after the internet shopping boom during the pandemic. In the current quarter, revenues are likely to be a maximum of 2.5 billion US dollars (about 2.2 billion euros), Ebay announced on Wednesday after the US stock market closed. Experts had expected a better prognosis. The stock fell 11 percent in after-hours trading.
In the final quarter of 2021, sales increased by five percent compared to the same period last year to $2.6 billion. However, the total trading volume handled on Ebay fell by ten percent to $20.7 billion. The number of active buyers fell by a surprisingly strong nine percent to 147 million. In addition, a high quarterly loss was incurred in continuing operations. (dpa)
