T.H. Data Flash - eBay Inc. (EBAY) – 2Q17: eBay 2Q17 Revenue is Likely to Outperform Consensus
2Q17 results may be better than consensus – Based on our data and calculations, 2Q17 revenue is likely to be around $2,380M, indicating possible 6.7% Y/Y growth, at least in-line with or better than consensus at $2,309M, driven by the growth of number of listings at 19.9% Y/Y in 2Q17.
eBay is a global commerce provider, which includes its Marketplace, StubHub and Classifieds platforms. The company's Marketplace platforms include its online marketplace located at www.ebay.com, its localized counterparts and the eBay suite of mobile apps. The company's StubHub platforms include its online ticket platform located at www.stubhub.com, its localized counterparts and the StubHub mobile apps. These platforms connect fans with their favorite sporting events, shows and artists and enable them to buy and sell tickets whenever and wherever they want. The company's Classifieds platforms include a collection of brands such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen and others.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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