eBay’s (EBAY) Q3 2016 Earnings Call

posted in: Earnings Call, Notes | 0

Devin Wenig – President and CEO

Growth across board

“Active buyer growth was 3% and we added over 1 million additional buyers to our platforms in Q3. GMV {Gross ross merchandise volume}on our Marketplace platform grew at 4%, while StubHub {online marketplace} grew volume at 23%. And our Classified platform grew revenue at 14%.”

They are excited about eBay mobile

“Another area I’m excited about is mobile. Since the launch of our redesigned eBay mobile apps in May, customer reviews have trended higher as we have significantly improved the speed and the usability of our apps. And our ability to rapidly iterate on user feedback has enabled us to keep this positive momentum going. We recently released the fifth update to our new mobile experience in the past five months, and this cadence of improvements is translating into better growth, with Q3 being the second quarter in a row of mobile growth acceleration.”

as they incorporate artificial intelligence into your shopping

“We’re also beginning to leverage artificial intelligence to power unique commerce experiences for our users. Yesterday we announced the beta launch of eBay ShopBot on Facebook Messenger, a personalized shopping assistant that enables people to find the best deals from eBay’s 1 billion listings. Our vision is to make shopping with eBay as easy as talking to a friend, whether you’re looking for something specific or you’re browsing for inspiration.”