EBay Reports 3rd-Quarter Growth, With Some Blemishes
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The e-commerce company said it continued to grow quickly, but analysts have been closely watching the companyâs auction business for signs of slowing.
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EBay Inc., the world&#39;s largest Internet auctioneer, said third-quarter earnings surged 77 percent as the number of listings rose and the company expanded its PayPal e-mail payment service in Europe.
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WASHINGTON: The US economy grew at a slightly stronger rate than thought in the third quarter because imports were not as hefty as first estimated, the Commerce Department said on Wednesday, though corporate profits weakened.
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EBay has big plans to provide more programming tools to its large community of third-party developers.
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eBay defies cynics, but the absence of sellers is troubling.
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The company speaks of slow U.S. sales growth, but has its makeup really smeared?
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The US economy grew at a slightly stronger rate than thought in the third quarter because imports were not as hefty as first estimated, the Commerce Department said on Wednesday, though corporate profits weakened.
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New data shows third-quarter slowdown in euro-zone growth
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Sellers are defecting from eBay because its fees are high, customers are afraid of fraud, and merchants can do better on Amazon or on their own Web sites.
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The electronics company warns on third-quarter earnings.
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The US economy grew at a 3.7 percent annual rate in the third quarter - a pace that was slightly better than in the spring but not as strong as many analysts expected.
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Shares of eBay Inc. posted their biggest one-day drop since November 2000 on Thursday after its quarterly profit missed Wall Street expectations for the first time and raised "red flags" about growth prospects at the online marketplace.
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EBay Inc., the world&#39;s largest online marketplace, on Wednesday posted a quarterly profit that rose 77 percent from a year ago, fueled by strong back-to-school shopping
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EBay Inc., the world's largest online marketplace, on Wednesday posted a 77 percent increase in quarterly profit, fueled by strong back-to-school shopping and growth in its international and PayPal businesses.
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By Lisa Baertlein SAN FRANCISCO  - EBay Inc., the world's largest online marketplace, on Wednesday posted a 77 percent increase in quarterly profit, fueled by strong back-to-school shopping and growth in its international and PayPal businesses.
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Shares of eBay Inc. posted their  biggest one-day drop since November 2000 on Thursday after its  quarterly profit missed Wall Street expectations and raised  "red flags" about growth prospects at the online marketplace.
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EBay Inc.  on Wednesday posted a 50 percent rise in net profit on strength in its core auction and payments businesses, but left its 2007 outlook unchanged, defying Wall Street's hopes for a boost.