eBay Announces Second-Quarter 2026 Results; Advertising Revenue Grows 25%
eBay's first-party advertising revenue reached $570 million in the second quarter, up 25% year over year, while its GAAP operating margin rose to 21.6%.
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eBay's first-party advertising revenue reached $570 million in the second quarter, up 25% year over year, while its GAAP operating margin rose to 21.6%.
GeekWire reports that TikTok notified local authorities of plans to eliminate 75 jobs in the Seattle and Bellevue areas, primarily in ecommerce-related functions.
eBay released a strategic update identifying small businesses and brand sellers as long-term priorities, and plans to enhance seller data tools, intelligent insights, and policy transparency.
The Japan Times reported that TikTok is exploring direct user-to-user transfers within direct messages to reduce external payment redirects and strengthen its in-app commercial ecosystem.
AWS announced an investment of more than $500 million to provide students with cloud-computing resources and artificial intelligence skills training, expanding its education support.
Walmart said it received approximately $2.9 billion in tariff refunds and will use the funds to lower prices on certain products.
Amazon plans to expand Prime Air drone delivery to nearly 500 U.S. cities and towns, with the service focused on lightweight packages.
Amazon shares edged lower after Walmart warned that consumer spending was becoming more cautious, while the market also focused on Amazon’s sales growth and high capital spending.
TikTok laid off 75 employees in Bellevue, Washington, with most affected positions coming from TikTok Shop and global e-commerce operations.
TikTok Shop launched a seven-day brand spotlight campaign for the back-to-school season, offering selected brands short-video, livestreaming, and creator marketing resources.
TikTok plans to cut approximately 75 jobs at its Bellevue office in Washington state in October, marking a second consecutive year of workforce reductions there.
Regulatory filings show that TikTok is laying off about 75 employees at its Bellevue, Washington, office, with most affected positions in the ecommerce division.
AWS announced an investment of more than $500 million to provide students with cloud computing and artificial intelligence training resources and support related talent development.
Walmart said it will use approximately $2.9 billion in tariff refunds to lower prices on thousands of grocery and general merchandise items, easing price pressures on consumers.
Industry media reported that eBay’s consignment service page displayed error messages after Poshmark acquired related third-party operating facilities.
Walmart and Sam’s Club will begin gradually rolling out tap-to-pay on August 24 and plan to cover all U.S. physical stores by the end of 2026.
UPS has continued reducing its dependence on Amazon-related business over the past two years while expanding its other commercial customer base to adjust its business structure.
eBay’s chief commercial officer sold 1,014 shares under a prearranged Rule 10b5-1 trading plan at $101.39 per share.
Amazon plans to increase its investment in Louisiana to $18 billion, with funds focused on infrastructure and data centers, while creating hundreds of local jobs.
Walmart said it had recovered about $2.9 billion in tariff refunds and would use the funds to reduce prices on approximately 11,000 products.