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BUZZ-EBay jumps; Meta to test showing eBay listings on Facebook Marketplace

ReutersJan 8, 2025 1:52 PM

** Shares of eBay EBAY.O up 6.5% premarket to $67.25, highest since mid-Oct, as Meta Platforms META.O to test showing the e-commerce firm's listings on Facebook Marketplace

** Meta said on Weds it would launch a test in Germany, France and the U.S. that will enable buyers to browse eBay listings and then complete their transactions on eBay

** It said eBay sellers will gain exposure to Facebook's audience while people using Marketplace will have access to broader array of listings from the eBay community

** Through Tues close, EBAY shares up 2% to start 2025. Stock closed at $42.84 a year ago

** Shares of META flat at $61.77 before the bell

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

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