It has faced traffic-related challenges owing to a security breach and to updates in the Google Panda algorithm. We expect these headwinds to persist in the near term, as it could take a few more quarters before the company can fully overcome these challenges. Moreover, the significant appreciation of the U.S. dollar has impacted the company’s cross-border trade business, and certain demographic trends have caused a drop in selling prices on the platform. On account of these challenges and increased competition in the e-commerce market, we have forecast the transaction revenue growth in the marketplaces segment to somewhat lag the overall e-commerce market over our forecast period.
Source Forbes - Markets http://ift.tt/1dgQTFS
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