EBay raises current-quarter sales, profit forecast on higher demand
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(Reuters) - EBay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.Stay-at-home orders to curb the rapid spread of the new coronavirus led to a sharp rise in online shopping and orders for e-commerce companies including eBay, Amazon.com Inc and Walmart Inc's online business.EBay said its full-year performance will likely be above the range it forecast..