![]() Enabled by artificial intelligence, we will fine-tune the breadth of inventory and other aspects of the shopping journey to cater to the varying needs of new buyers, infrequent shoppers and eBay enthusiasts. This initiative is a cross-collaborative effort between design, product, core AI, search, engineering and other key stakeholders to ensure our modernized shopping experience is powered by intelligent computing at scale. This evolution will result in simpler, more personalized browsing experiences that will inspire people to sell, shop and connect with their community on eBay. This includes developing a more relevant, consistent experience for the next generation of online shoppers through a comprehensive overhaul of our user experience and design rolled out in phases over the course of 2023 and beyond. While we'll continue to understand customer needs and innovate at the category level, we will leverage the new tools, capabilities and technologies we have developed over the last few years to enhance more elements of the site-wide experience. Through our focus category strategy, we've proven that when we build relevant experiences, we can dramatically improve customer satisfaction which translates into faster GMV growth. This means we are solving the specific and ever-changing needs of our customers across all shopping occasions. Let's start with our first pillar, relevant experiences. We will achieve this vision in the coming years by focusing on 3 key pillars: relevant experiences, scalable solutions and magical innovation. And now we're raising the bar for innovation and have set our sights on an even more ambitious vision which is reinventing the future of e-commerce for enthusiasts only at eBay. The foundational work of our tech-led re-imagination will continue, including our prioritization of non-new products, expansion of focus categories in ads and payments initiatives. These accomplishments make it a logical time to embark on the next phase of our journey. And we've changed our marketing strategy to support these experiences, pivoting to a full funnel approach aimed at attracting and retaining enthusiast buyers. We've accelerated innovation to adapt to the changing needs of buyers and developed world-class shopping experiences in our focus categories. ![]() We do not intend and undertake no duty to update this information. All information in this presentation is as of July 26, 2023. You should not rely on any forward-looking statements. ![]() ![]() You can find more information about risks, uncertainties and other factors that could affect our operating results in our most recent periodic reports on Form 10-K, Form 10-Q and our earnings release from earlier today. Our actual results may differ materially from our forecast for a variety of reasons. These forward-looking statements involve known and unknown risks and uncertainties. Additionally, all growth rates noted in our prepared remarks will reflect organic FX-neutral year-over-year comparisons unless indicated otherwise.ĭuring this conference call, management will make forward-looking statements including, without limitation, statements regarding our future performance and expected financial results. You can find the reconciliation of these measures to the nearest comparable GAAP measures in our accompanying slide presentation. Before we begin, I'll remind you that during this conference call, we will discuss certain non-GAAP measures related to our performance. We're providing a slide presentation to accompany our commentary during the call, which is available through the Investor Relations section of the eBay website at. Joining me today on the call are Jamie Iannone, our Chief Executive Officer and Steve Priest, our Chief Financial Officer. Thank you all for joining us for eBay's Second Quarter 2023 Earnings Conference Call. It is now my pleasure to turn the call over to the Vice President of Investor Relations, Mr. At this time, I would like to welcome everyone to the eBay Second Quarter 2023 Earnings Conference Call. My name is Brent, and I will be your conference operator today. Operator: Ladies and gentlemen, thank you for standing by. ![]() Reported EPS is $0.8 EPS, expectations were $0.99. (NASDAQ: EBAY) Q2 2023 Earnings Call Transcript July 26, 2023ĮBay Inc. ![]()
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