How well eBay did in 2020?

How well eBay did in 2020?

2021-02-02 • Updated

eBay performed greatly in 2020, outpacing most of its’ peers amid the pandemic-driven e-commerce boom. Indeed, social-distancing restrictions and lockdowns boosted online shopping, and such companies as eBay benefited. Obviously, companies like Amazon and Shopify gained more, but eBay's 40% increase still kept it ahead of other huge online retailers, including Walmart.

How eBay's investors measure the company’s growth? 

By volume of merchandise moving through its platform. Interesting fact, volume had been flat or declining before the Covid-19 pandemic but surged to over 20% year over year. The reason is that all shops were forced to switch to online channels starting in late February, and eBay gave them a good platform to do it. The company's main challenge for 2021 is to keep these businesses to stick around by making the marketplace more popular with buyers and easier for sellers to use.

Will eBay’s growth be sustained after the Covid-19? 

This quarter's report will partly answer this question as the pandemic is waning with the help of the vaccine rollout across the world. Earnings more than doubled last quarter, that's why investors are hoping for another surge this week.

How to trade on earnings report? 

If the actual earnings are greater than the estimates of 0.83, the stock price will jump.

If the actual earnings are less than the estimates of 0.83, the stock price will drop.

Technical analysis

EBay has failed to cross the resistance of $60.00 several times already, that’s why the price may struggle to break it this time again. The move above $60.00 will drive eBay to the next round number of $65.00. On the flip side, if it drops below the low of January 15 at $55.00, the way down to the low of December 24 at $50.00 will be clear. 


You can also trade eBay stock with FBS Trader mobile app. Remember that stock trading starts as the US session begins (at 16:30 MT time). 


Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded Metatrader 5 or FBS Trader app. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area (an account in FBS Trader).
  3. Start trading!

                                                                                                  TRADE NOW


How well eBay did in 2020?


Is it time to sell EUR/USD?
Is it time to sell EUR/USD?

According to ING, EUR/USD is likely to dip further this week. So far, support at 1.1700 has been held, but the pair may break down to the low of 1.16 this week.

What is the target for S&P?
What is the target for S&P?

S&P 500 is trading just below the key milestone of 4000. It’s likely to hit this level by the end of this week. What is the reason for this growth and what is the forecast? Let’s find out!

Latest news

Stocks that benefit from chip shortage
Stocks that benefit from chip shortage

Stocks of tech and auto sectors are in the focus of traders these days due to the global chip shortage. Let’s find out what is going on with chips and why it’s important for traders.

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera