Like Other E-Commerce Companies Amid the COVID-19 Pandemic, eBay Is Seeing a Surge in Demand

Like Other E-Commerce Companies Amid the COVID-19 Pandemic, eBay Is Seeing a Surge in Demand

Not surprisingly, eBay (NASDAQ: EBAY) is also seeing higher sales. On eBay's first-quarter earnings call in April, management had already observed an "initial surge" following stay-at-home orders implemented in March, with that momentum continuing throughout April. With the business continuing to perform better than eBay's expectations, the company is now increasing its outlook for numerous key metrics.