Want to join the conversation?
$EBAY 2Q15 Call - Devin, CEO, eBay: eBay GMV grew at 6% on FX neutral basis, 1 point acceleration from 1Q15, while revenue grew at 5% on FX neutral basis, 2 point acceleration from 1Q15. Active buyer base grew at 6% on TTM basis. Trailing three month active buyer growth was stable. Active buyers transacted $20Bil of GMV, with 41% closing on mobile.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.