eBay: Forgotten Online Retail Gem, Approaching 10-Year Low Valuation
EBAYeBay(EBAY) seekingalpha.com·2024-05-21 17:07
Kenneth Cheung One of the early technology-boom Dotcom (online) favorites in the late 1990s, eBay (NASDAQ:EBAY) has witnessed declining valuation metrics since 1999. Over the last decade, several management teams have spun off the PayPal (PYPL) online money handling unit (2015), while outright selling various divisions and asset investments globally to repay debt and buy back shares. These efforts to refocus on its bread-and-butter eBay online website have helped "per share" results to grow rapidly over ...