eBay Inc. ( NASDAQ: EBAY ) Bernstein 40th Annual Strategic Decisions Conference May 30, 2024 1:30 PM ET Company Participants Stephen Priest - CFO Conference Call Participants Nikhil Devnani - Bernstein Nikhil Devnani All right. Good afternoon, everybody.
Thank you so much for being here. My name is Nikhil Devnani. I'm Bernstein's U.
S. emerging Internet analyst, covering eBay, and it's my pleasure today to be hosting Steve Priest, CFO of eBay. Steve has been in the role for the past three years, where eBay has been progressing along its transition towards enthusiast buyers and focus verticals, and we're going to get into that discussion today.
Steve, welcome back to the SDCs. It's great to have you. Stephen Priest Thank you, Nikhil.
It's great to see you. Great to be back here again, and good afternoon, everyone. Looking forward to the session.
Question-and-Answer Session Q - Nikhil Devnani Before we get started, I just wanted to remind everybody that you can submit questions for this session as well. You can use the QR code in your agenda, or you could go to pigeonhole.at.
And the passcode, I believe, is SDC2024. And I'll try and work your questions into the conversation as well. So with that, let's get the discussion underway.
Maybe with some news to kick-off. This week, you announced that the Adevinta deal closed. Maybe for folks in the room that are a little bit less familiar, can you just walk through what that deal was, what the implications are for eBay now from a cash .
