Yeah. We are also supporting small brick and mortar retailers by offering free listings and free store subscriptions for first time sellers along with mentors to help get them started.

The technologies and services that power platforms are designed to enable sellers worldwide to organize and offer their inventory for sale, and buyers to find and purchase it, virtually anytime and anywhere. In Korea, our underlying volume growth rate was consistent with Q4, but total volume accelerated modestly from upside in essential categories due to COVID-19. Recently, we launched several improvements to simplify registration and help sellers start and succeed on the platform. In Q1, Promoted Listings delivered $137 million of revenue, up 111%. Your next question is from Heath Terry with Goldman Sachs. Consumer sellers are dedicated eBay customers who have a proven track record of spending more than double the amount of buyers that don’t sell on the platform. And, sellers benefit from a streamlined experience, more options on how and when to be paid, and the vast majority of sellers are saving money on fees. The current strength in demand creates a significant opportunity for us, as we embark on the next phase, while also providing additional capacity for investment, which we are moving with pace to implement. I look forward to speaking directly with all of you over the coming months as I settle into my new role at eBay, but for today, I will keep my comments brief. Let's conquer your financial goals together...faster. Your next question is from Ross Sandler with Barclays. Please refer to the appendix to see the impact of Internet sales tax over time.

[…]. We are excited about this deal as it allows us to realize near-term value, while also enabling us to participate in the future upside potential of the world's largest online classifieds company. I know you mentioned you're sorting lots of conversations with sellers that you're trying to improve the selling process. And, to be candid, we did not adapt quickly enough to the rapidly changing needs of our customers. For the quarter, we distributed $4 billion in the form of share buybacks and repurchased nearly 98 million shares, inclusive of an accelerated share repurchase plan that will be completed later this year. While we are pleased to see this tech-based simplification, there’s a lot more to do to achieve the long-term objective of growing the number of consumer sellers on the platform. I mean there's been investment in data science and AI already, or is this -- with the replatforming away from the older stack is just a larger scale technology investment phase? I’ve long admired this unique company for its special culture and its enormous potential.

Just the first one on the 2Q -- sorry, the 3Q GMV commentary, and I think you talked to sort of teens growth in the guidance, but it sounds like the US has been sort of steady. We recently announced to sellers in the U.K., Australia, and Canada that their transitions will begin in July. But in terms of our focus, we think there is this massive opportunity $500 billion in what eBay is fantastic and unique at, and we can build great experiences, we can attract that supply and that's where I believe there is just an enormous amount of untapped potential and going after it and so, really making sure that we nail everything about the buying experience end-to-end, have an extreme customer focus will allow us to capture the potential. If you have the US -- similar to Q2 levels and the company with moderation of -- from a 29% growth rate to a high teens, you'll start to see -- you can back into maybe a little bit of the pressure in international. Please ensure that your iTunes is configured to get all the episodes, so that you dont miss any of the podcasts. One of the benefits of the managed payments that we're launching and scaling here, we added several new countries and now we're able to really grow and ramp that with the changes a week ago with the expiration of the PayPal agreement is exact ability to do what you're saying, sort of make it easier for sellers and buyers to have their whole kind of wallet and payments contained on the platform and it gives us more flexibility of things of -- that we can do to really make that easy for them. So on the seller side, what we're really focused on is how do we make that initial process of coming onto the platform extremely easy, so simplifying the registration process, simplifying onboarding and simplifying getting up and running on the experience. Edward Yruma -- KeyBanc Capital Markets -- Analyst. A couple of questions, I guess, big picture thinking about how the management team is now compensated? Your line is open.

Any color there? And when I say we're focusing and kind of getting back to non-new season, it's not saying that you're not going be able to buy a ton of new product and season product on eBay. These SMBs bring great selection and value for buyers to discover.

In Q1, Classifieds revenue was flat year-on-year decelerating 6 points versus Q4 driven by continued headwinds in horizontal display advertising across markets in addition to COVID-19 related pressure.

Classifieds revenues are performing at the high end of previous expectations disclosed on the Q1 earnings call with automotive subscription revenues recovering as dealerships reopen across international markets. While we are pleased to see this tech-based simplification, there is a lot more to do to achieve the long-term objective of growing the number of consumer sellers on the platform. We expect non-GAAP EPS of $0.81 to $0.87 per share, representing 27% to 36% growth. Jamie, welcome back, and thanks for the vision for the Marketplace longer term. And considering these factors, we see a wider range of potential outcomes. New competitors have taken share because we neglected our core area of expertise.

Okay. And secondarily, interested in following up with what you brought up earlier in terms of generating liquidity for consumers as they sell things on eBay. Against this encouraging backdrop, I'd like to share our long-term vision for eBay. Thank you.

But we're also working on revamping the whole onboarding process for buyers, so how they come in, their first 30 days. So I'll start and take the second one and then Andy, maybe you can take the first one.

First, we began the process of ramping managed payments, which will greatly improve the experience for both buyers and sellers, while delivering incremental revenue and operating profits of the business. Yeah.

Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator How do you think about if that could change, do you see adjacent M&A opportunities?

I'll discuss how they influence our outlook for Q2 and the rest of the year in our guidance section.

Revenue growth was at its lowest point in April before delivering steady acceleration through May and June.



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