Recent findings from Multilogin, a cloud Android phone platform, reveal significant insights into how cloud phones are being utilized beyond social media. According to their Q3 2026 data, e-commerce and messaging apps account for nearly a third of app installs, with eBay installations surpassing those of Facebook. This emphasizes a growing trend of using cloud phones for diverse purposes such as managing e-commerce platforms, messaging services, and automating tasks with AI tools. The report sheds light on the adaptability and expanded applications of cloud technology in the e-commerce sector.

• eBay (NasdaqGS:EBAY) last closed at $122.68 down 0.7%, near its 52-week high.

Elsewhere in the market, Sonos (NasdaqGS:SONO) was a notable mover up 12.8% and finishing the session at $19.06, hovering around its 52-week high. On Tuesday, Sonos announced a share repurchase program worth up to $150 million, alongside reporting improved fourth-quarter and full-year earnings. Meanwhile, d'Alba Global (KOSE:A483650) trailed, down 14.0% to close at ₩125,500, hovering around its 52-week low.

eBay's innovative push in recommerce and AI-driven tools positions it for potential substantial growth overlooked by the current market. Uncover more insights on eBay's strategic opportunities and growth trajectory by clicking here.

Hurry to explore our Market Insights article on AI agents reshaping E-Commerce, spotlighting Muse's groundbreaking impact on online shopping.

Best E-Commerce Stocks

• MercadoLibre (NasdaqGS:MELI) settled at $1,512.02 up 1.5%, hovering around its 52-week low.
• Alibaba Group Holding (NYSE:BABA) finished trading at $101.52 down 1.2%.
• Amazon.com (NasdaqGS:AMZN) closed at $266.17 down 1.7%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Multilogin Data Shows How Cloud Phones Are Used Beyond Social Media" from Multilogin on GlobeNewswire (published 10 November 2026)

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