other material
confidence high
sentiment neutral
materiality 0.30
eBay changes GMV definition to include shipping and taxes; restates historical metrics
EBAY INC
- GMV now includes all paid transactions inclusive of shipping fees and taxes; previously included only regardless of consummation.
- Change enabled by global payments transition; impact on previously reported GMV is immaterial.
- Historical GMV and active buyer metrics restated; October 27, 2021 guidance unchanged.
- New definition aligns GMV with customer money flows and better correlates to net transaction revenue.