“We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce,” eBay said in a statement. “We are grateful for the contributions of the employees impacted and are committed to supporting them with care and respect.”

The news comes after the company announced last week it would buy Depop, a secondhand clothing marketplace from Etsy (ETSY), for $1.2B in cash in a move to capture the Gen Z and Millennial customer base.

eBay has announced job cuts for the third time in recent years. It cut 1,000 jobs in 2024 and 500 jobs in 2023.

As of December 31, 2025, eBay’s employee headcount was 12,300 worldwide.

The post eBay cuts 800 jobs a week after $1.2B Depop deal appeared first on Up2info.com.

Shares of the company are up more than 8% in early premarket trading on Thursday.

In a separate press release, eBay announced that it will purchase the secondhand clothing marketplace Depop from Etsy (ETSY) for $1.2B in cash in a move to capture the Gen Z and Millennial customer base.

The company also hiked its cash dividend for the first quarter to $0.31 per share, from a previous payout of $0.29 per share. The dividend is payable on March 20 to stockholders of record as of March 6.

For Q1, eBay expects net revenue between $3B and $3.05B, ahead of the consensus estimate of $2.80B, and non-GAAP earnings per share of $1.53 to $1.59, ahead of the $1.48 per share estimate.

“We have built significant momentum across our strategic priorities, delivering meaningful growth and reinforcing our leadership in recommerce,” CEO Jamie Iannone said. “As we continue to harness AI to elevate the customer experience worldwide, eBay is in the strongest position it has been in years.”

In Q4, gross merchandise volume was $21.2B, up 10% on an as-reported basis and up 8% excluding forex impact.

Active buyers—buyers who paid for a transaction on the company’s marketplace platforms in the past 12 months—were up 0.75% from last year at 135M.

Net income for the quarter was $525M, or $1.14 per share, compared to $680M, or $1.40 per share, for the same period last year, weighed down by higher operating expenses.

Excluding one-time items, earnings per share from continuing operations were $1.41, beating the average analyst expectation by 6 cents.

Net revenue was up 15% at $3B and topped estimates by at least $100M.

The post eBay stock soars on blowout results, dividend hike, and $1.2B Depop deal appeared first on Up2info.com.

Here are some of Thursday’s biggest stock movers:

Biggest stock gainers

• Figma (FIG) +15% – Shares jumped after strong Q4 results and upbeat guidance. Revenue rose 40% Y/Y to $303.8M, topping estimates, while net dollar retention hit 136%, weekly active users surged 70% Q/Q, and customers with over $1M in ARR climbed to 67. The company guided Q1 revenue to $315M–$317M, above the consensus of $292.5M, and FY2026 revenue to $1.36B–$1.37B, above the consensus of $1.29B, implying roughly 38% annual growth, alongside expected non-GAAP operating income of $100M–$110M.
• DoorDash (DASH) +13% – Shares surged as strong order growth and upbeat guidance outweighed a Q4 top- and bottom-line miss. Orders climbed 32% to 903M, and GOV jumped 39% to $29.7B, both above expectations, while the Q1 outlook for GOV ($31B–$31.8B) and EBITDA ($675M–$775M) came in strong. Investors looked past softer margins and heavy investment spending, focusing on demand momentum and growth visibility.
• Occidental Petroleum (OXY) +4% – Shares rose after beating Q4 profit estimates, boosting investor confidence with stronger finances and shareholder returns. The company raised its quarterly dividend by over 8% to $0.26 per share and cut debt by $5.8B following the January 2 completion of its OxyChem sale, bringing total principal debt down to about $15.0B and reinforcing its balance-sheet improvement story.

Biggest stock losers

• Carvana (CVNA) -16% – Shares plunged as investors focused on profitability concerns despite strong Q4 volume and revenue growth. Sales jumped 58% Y/Y to a record $5.6B, and retail units topped expectations, but gross profit per vehicle declined, and wholesale profitability weakened. Adjusted EBITDA rose to $511M but missed estimates, margins narrowed to 9.1%, and the absence of near-term sales guidance added to caution, overshadowing the company’s long-term targets.
• Avis Budget Group (CAR) -12% – Shares dipped after Q4 results missed expectations, as ongoing repositioning efforts weighed on performance, including another charge tied to reducing the carrying value of its U.S. EV fleet. Management said it is tightening fleet discipline, strengthening the balance sheet, and improving customer experience as it heads into 2026 with a focus on more sustainable earnings growth.

The post Biggest stock movers Thursday: OXY, DASH, and more appeared first on Up2info.com.

The post eBay lifts dividend by 7% to $0.31 appeared first on Up2info.com.

Management View

• CEO Jamie Iannone shared that “we finished 2025 with incredible momentum as we delivered Q4 results that meaningfully exceeded our expectations.” He highlighted that gross merchandise volume (GMV) grew by nearly 6% to approximately $80 billion

The post EBay outlines 10–12% GMV growth target for Q1 2026 while advancing C2C strategy through Depop acquisition appeared first on Up2info.com.

Shares of eBay jumped 9% in extended trading on Wednesday after the company posted a strong fourth-quarter beat and forecast current-quarter revenue and profit above Wall Street estimate.

Depop is a platform where anyone can buy, sell, explore and discover second-hand fashion. The company had annual gross merchandise sales (GMS) of about $1 billion in 2025, including nearly 60% year-over-year growth in the U.S.

“The addition of Depop will accelerate eBay’s C2C strategy by deepening its reach with younger, fashion-forward consumers and expanding its presence in one of the most dynamic areas of resale,” eBay said, adding that the deal would help the company attract more Gen Z and Millennial customer base.

eBay said it would fund the transaction with cash on hand, while Etsy plans to utilize the proceeds for general corporate purposes, continued share repurchases, and investment in its core marketplace.

The transaction is expected to close in the second quarter of this year.

The post eBay to acquire Depop from Etsy for $1.2B in cash appeared first on Up2info.com.

The post eBay Non-GAAP EPS of $1.41 beats by $0.06, revenue of $2.97B beats by $100M appeared first on Up2info.com.

The post eBay Q4 2025 Earnings Preview appeared first on Up2info.com.

Retail sales were up 2.4% on a year-over-year basis. Categories that dragged during the month included the furniture and home furnishings category, with a 5.6% decline from a year ago. Department stores saw a 0.3% decline from a year ago in a read that does not bode well for Macy’s (M), Kohl’s (KSS), and Dillard’s (DDS). The pace for nonstore retailers was just 0.1% month-over-month and 5.3% year-over-year, which marks a slowdown for the category that includes Amazon (AMZN), Etsy (ETSY), Wayfair (W), and eBay (EBAY).

Navy Federal Credit Union Chief Economist Heather Long weighed in on the December Retail Sales report. “This is a K-shaped economy with strong spending from the top and much more cautious spending from middle- and lower-income consumers. Retail sales were flat in December, driven by soft spending on autos, home furnishings, appliances, and clothing. These items were hard hit by tariffs in 2025, and consumers shifted their spending elsewhere,” highlighted Long. The general view is that the holiday shopping season was solid but not spectacular.

The post Retail sales breakdown: The K-shaped economy shows its face appeared first on Up2info.com.

The post eBay shares rocked by insider sale appeared first on Up2info.com.