Ebay records strong Q1 following Depop acquisition agreement

US-based e-commerce platform Ebay has reported strong financial results for the first quarter ended March 31, 2026. The company saw gross merchandise volume (GMV) reach 22.20 billion dollars, representing an 18 percent increase on an as-reported basis and a 14 percent rise on a foreign exchange (FX) neutral basis. Revenue for the period climbed to 3.10 billion dollars, up 19 percent compared to the previous year.