gross merchandise volume

eBay stock up 50% in past year as recession fears boost demand for secondhand goods and precious metals. Q1 earnings beat with 18% GMV growth; company raises guidance and announces $2B buybacks.

Institutional investor Kimelman & Baird acquires $24M stake in Openlane as strong growth metrics and analyst optimism drive confidence in the used vehicle platform.

eBay beat Q4 earnings and acquired secondhand fashion platform Depop for $1.2B to reach younger shoppers and grow higher-margin recommerce business.