eBay predicts that its third-quarter revenue will show strong performance, with high-value categories driving business growth momentum.

eBay predicted on Wednesday that its third-quarter revenue will exceed Wall Street expectations, as the company relies on its positioning in the certified luxury goods, collectibles, and refurbished products sectors to attract more high-value buyers to its online marketplace. This is the company's first earnings report since rejecting GameStop's approximately $56 billion unsolicited acquisition offer, calling it "neither credible nor attractive." However, GameStop CEO Cohen stated that he plans to continue pursuing a merger. eBay is doubling down on its "key categories," targeting enthusiast buyers who value product selection and professional services, a strategy that sets it apart from competitors. The $1.4 billion acquisition of fashion resale platform Depop has also provided a boost, not only expanding the company's reach among young consumers but also solidifying its position in the rapidly growing second-hand e-commerce market. The company expects third-quarter revenue to be between $3.07 billion and $3.12 billion, while analysts had projected $2.97 billion. The online retailer's stock has risen over 25% this year, increasing by 1% in after-hours trading.