eBay, a big online store, had a tough end to the year! They didn't make as much money as people thought they would. This is because people are buying less stuff because of high prices and worries about the economy. It's like when you have to save your money for important things instead of buying toys.
- Fewer people are buying things they don't need.
- High prices and worries about money are making people spend less.
- eBay is facing tough competition from other big online stores like Amazon.
| Fact | Number |
|---|---|
| eBay's expected first-quarter revenue | $2.52 - $2.56 billion (lower than expected) |
| Analysts' expected revenue | $2.59 billion |
| Expected Gross Merchandise Volume (total value of things sold) | $18.3 - $18.6 billion (lower than expected) |
| Analyst's expected GMV | $18.8 Billion |
