EBay reported second-quarter sales and profit that beat expectations, boosting confidence that its purchase of used clothing marketplace Depop strengthens its position against upstart Vinted

EBay Reports Second-Quarter Sales, Profit That Beat ExpectationsEBay Inc. reported a solid second quarter but said its purchase price for second-hand clothing marketplace Depop was $200 million more than initially announced, which could weigh on earnings in the current period.bloom.bg