Why is Eventbus in SAP UI5?

 EventBus in UI5 is a tool with which we can leverage publish-subscribe pattern in our app

Provides eventing capabilities for applications like firing events and attaching or detaching event handlers for events which are notified when events are fired. It is recommended to use the EventBus only when there is no other option to communicate between different instances, e.g. native UI5 events.

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The Eventbus works on a subscribe and publish basis. You need to declare the channel and the event you want to subscribe to and then you use.

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