eBay Inc EBAY:NASDAQ

Last Price$44.94NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/18/22

Today's Change-1.98(4.22%)
Bid (Size)$44.64 (2)
Ask (Size)$44.99 (5)
Day Low / High$44.65 - 46.78
Volume5.9 M

eBay Updates Gross Merchandise Volume Definition for Accounting Purposes; No 'Material Change' to Previous GMVs

5:13PM ET 12/15/2021 MT Newswires
eBay (EBAY) said late Wednesday it changed its definition of Gross Merchandise Volume to "align with customer money flows on its platforms."

The company updated the definition to include all paid transactions inclusive of shipping fees and taxes, according to a statement. Previously, GMV was reported regardless of whether the buyer and seller actually consummated the transaction, it said.

The change had an "immaterial impact" on previously reported GMVs, eBay said.

Price: 65.41, Change: -0.2, Percent Change: -0.3