June 4, 2020 / 1:16 PM / a month ago

EBay raises current-quarter sales forecast on higher demand

June 4 (Reuters) - EBay Inc raised current-quarter revenue forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform.

The company now expects second-quarter revenue to be between $2.75 billion and $2.80 billion, compared with earlier estimate of $2.38 billion to $2.48 billion. (Reporting by Neha Malara in Bengaluru; Editing by Shinjini Ganguli)

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