— Active buyers grew 21% year-over-year in the third quarter, and active sellers grew 27% year-over-year.
— The marketing expense, specifically the investment in the TV campaign, drove operating expenses higher by 36%.
— Looking ahead into the full year 2019, the company lifted its revenue outlook to the range of $809 million to $815 million from the previous range of $797 million to $809 million.
— Gross merchandise sales are now anticipated to rise 25% to 26% to the range of $4.9 billion to $5 billion for the full year 2019.
— Adjusted EBITDA margin forecast is narrowed to the range of $179 million to $187 million from the earlier range of $177 million to $193 million.
