eBay beats in quarter, PayPal strong

 

Web commerce company eBay Inc. beat Wall Street's quarterly profit estimates, helped by a record performance at its PayPal online payments unit and strong marketplace sales in Europe

Related

  • Reuters - Web commerce company eBay Inc beat Wall Street's quarterly profit estimates, helped by a record performance at its PayPal online payments unit and strong marketplace sales in Europe.

  • eBay Inc beat Wall Street profit estimates in its holiday quarter, helped by growth in PayPal and its main online marketplaces unit, sending its shares 2% higher.

  • SAN FRANCISCO (Reuters) - Web commerce company eBay Inc beat Wall Street's quarterly profit estimates, helped by a record performance at its PayPal online payments unit and strong marketplace sales in Europe.

  • Online auction star eBay said Wednesday its recent quarter profits soared with a boost from its Internet financial transactions platform PayPal.eBay reported net income of 412.2 million dollars, or 31 cents per share, with PayPal delivering a record-high performance in the quarter ending June 30. The company's profit in the same quarter in 2009 was 25 cents per share.

  • TechCrunch submits: By Evelyn Rusli

  • Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal.

  • AP - EBay Inc. said Wednesday that its second-quarter income climbed 26 percent as more people transferred money through its PayPal payment service and shopped on its main website.

  • Trefis submits: eBay’s (NASDAQ:EBAY) PayPal is an online payment processing platform that charges a small fee for facilitating a payment between two parties.

  • The recession continued to hurt eBay Inc. in the second quarter, as earnings and revenue fell amid a drop in sales in the main online marketplace, overshadowing growth in the PayPal online payments and Skype communications units.

  • SAN FRANCISCO (AP) -- The recession continued to hurt eBay Inc. in the second quarter, as earnings and revenue fell amid a drop in sales in the main online marketplace, overshadowing growth in the PayPal online payments and Skype communications units....

 
DJI: 10447.93 1.22% |S&P 500: 1104.51 1.3% |FTSE: 5428.15 1.05% |Nikk.: 9114.13 0.56% |DAX: 6134.62 0.83% |HSI: 20971.50 0.49% |
FX: EUR/GBP: 1.1996 | USD/EUR: 1.2893 | JPY/USD: 84.375 | Commodities: Gold: 1247.10 | Crude - CLH09.NYM: 0.00 |