Ebay implements new AI capabilities as Q2 revenue increases, GMV drops
Abbas Haleem
EBay Inc. reported revenue grew 5% to $2.54 billion in its fiscal second quarter ended June 30, 2023. The marketplace’s gross merchandise value (GMV) decreased 2% to $18.2 billion for the quarter. That’s an improvement from being down 3% in Q1, said Stephen Priest, senior vice president and chief financial officer, on a July 26 […]