eBay Inc. reported third-quarter 2024 revenues of $2.6 billion, up 3 percent year-over-year. Gross merchandise volume (GMV) reached $18.3 billion, a 2 percent increase driven by strategic investments in focus categories and global advertising enhancements. CEO Jamie Iannone highlighted that AI-driven innovations are enhancing user experiences across the platform.
eBay’s GAAP net income was $636 million in the quarter, and diluted earnings per share were $1.29. The company also expanded seller financing options and released an AI-powered bulk listing tool for US sports trading card sellers, adding to operational efficiencies.
