The eBay logo is pictured on a screen in this photo illustration in New York, U.S., July 23, 2019. REUTERS/Brendan McDermid/Illustration
(Reuters) -E-commerce firm eBay forecast third-quarter revenue above Wall Street expectations and beat revenue estimates on Wednesday, helped by robust demand for collectibles and renewed interest in Pokemon cards, sending its shares up over 10% in extended trading.
EBay is likely to compete well in an environment of higher product prices due to tariffs and a macroeconomic downturn, analysts have said.
