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52
Fashion Jobs
H&M
Security/ Compliance Manager
Permanent · HO CHI MINH CITY
H&M
Area Manager - Vietnam
Permanent ·
L'OREAL GROUP
Key Account Executive - Modern Trade
Permanent · Ho Chi Minh City
PUMA
Assistant Manager Development Fabric Apparel
Permanent · Ho Chi Minh City
L'OREAL GROUP
Online Brand Manager - Vichy & la Roche Posay
Permanent · Ho Chi Minh City
L'OREAL GROUP
Social Manager - Consumer Product Division
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Social Manager
Permanent · Ho Chi Minh City
PUMA
Assistant Colorist Apparel - Temporary
Fixed-term · Ho Chi Minh City
UNDER ARMOUR
Lead, Lab Manager - Footwear
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Crescent Mall
Permanent · HO CHI MINH CITY
H&M
3pl Business Expert - Warehouse Operations
Permanent · BIEN HOA
H&M
Distribution Center Manager
Permanent · BIEN HOA
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
3pl Business Expert - Allocation
Permanent · BIEN HOA
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
By
Reuters
Published
Feb 24, 2022
Reading time
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Ebay forecasts bleak quarter as online shopping frenzy wanes

By
Reuters
Published
Feb 24, 2022

Ebay Inc on Wednesday forecast bleak first-quarter results, as the e-commerce platform tackles waning online demand, stiff competition and global supply chain disruptions, sending the company's shares down nearly 9% in extended trading.


Ebay


​E-commerce companies raked in large profits as online shopping boomed last year during the pandemic, but vaccine rollouts could spell trouble as people return to brick-and-mortar shopping.

Biggest rival and online retail giant Amazon.com Inc has also forecast disappointing first-quarter sales estimates.

Ebay, which is already grappling with declining active users, expects a further hit as ramping up investments put pressure on its margins.

"The second quarter should mark the low point for margins during the year as we lap difficult comps and ramp up our pace of investment," finance chief Stephen Priest said in a post-earnings conference call.

Shares of Ebay, which started as a site where people would auction their collectibles, fell to $50.28 in extended trading on Wednesday. They declined 18% so far this year, while the broader S&P Index slipped 11%.

Ebay expects first-quarter adjusted profit in the range of $1.01 to $1.05 on revenue of $2.43 billion to $2.48 billion; both estimates came in below Wall Street's expectations.

The company's 2022 revenue and profit forecasts were also below expectations.

Meanwhile, Ebay posted an adjusted profit of $1.05 per share on revenue of $2.61 billion in the fourth quarter ended Dec. 31, above analysts' average estimates, according to IBES data from Refinitiv.

Part of Ebay's revenue comes from advertising on its platform which crossed $1 billion last year, the company said.

However, gross merchandise volume, the total dollar value of sales on eBay from which the company takes a percentage, fell 10% to $20.7 billion.

Annual active buyers on eBay also declined 9% to 147 million in the quarter, the company said.

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