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Jefferies turns bearish on eBay as profitability to take a hit from ad revenue, China headwinds
EBay’s (NASDAQ:EBAY ... EBITDA,” Colantuoni and Thill said in their research report. The reliance on China could also contribute to lower GMV as the country’s slowing economic growth ...
Business Insider India1y
The Remarkable Story Of How Alibaba Defeated eBay In China
It has come a long way since that initial, brutal battle with eBay in China, but those early years shaped what Alibaba has become.