Bernstein downgraded eBay (EBAY) to Market Perform from Outperform with a price target of $65, down from $70. The firm says the operating ...

EBay’s (NASDAQ:EBAY ... EBITDA,” Colantuoni and Thill said in their research report. The reliance on China could also contribute to lower GMV as the country’s slowing economic growth ...

It has come a long way since that initial, brutal battle with eBay in China, but those early years shaped what Alibaba has become.

Bernstein cut its rating for eBay (NASDAQ:EBAY) to Market-Perform from Outperform in a note to clients on Tuesday.

BofA estimates Chewy and eBay receive less than 10% and 5%, respectively, of goods from China. EBay also has an advantage through offering refurbished goods, Post added. Wayfair has the largest ...