Ebay on Wednesday forecast first-quarter revenue above Wall Street estimates on hopes that cost-conscious shoppers would be attracted towards its used and refurbished product category in the face of a looming recession.

Shares of the San Jose, California- based company rose nearly 2% in trading after the bell.
The company forecast current-quarter revenue between $2.46 billion and $2.50 billion. Analysts are expecting $2.37 billion.

Ebay’s innovation, which includes a shift to expanded categories of collectibles, refurbished products as well as luxury goods such as watches, handbags and sneakers is helping it to drive sales at a time when economic uncertainty is weighing on most businesses. The company has also raised its game by investing in motors parts and accessories.