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Andrew Cring

Research Analyst at Wolfe Research

Andrew Cring's questions to EBAY (EBAY) leadership

Question · Q3 2025

Andrew Cring asked about the sustainability of growth within the trading cards category and the key signals or metrics eBay uses to evaluate its ongoing success.

Answer

CEO Jamie Iannone expressed confidence in a long runway for trading cards, driven by trust and innovation through features like My Collection, Magical Listing, and partnerships with PSA. He noted that while growth is non-linear, a healthy balance of new buyers, sold items, and average selling price contributes to the durability of GMV.

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