Online auction site credits PayPal revenue for its impressive fourth-quarter results.
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Online auction site credits PayPal revenue for its impressive fourth-quarter results. EBay sellers have a number of online auction tools at their disposal when they use the options on eBay’s own platform to list and sell online. Still, some want to stand out from the competition and millions of item listings on eBay. Online auction giant eBay reported a slide in net profit for the fourth quarter in a row. Online auction giant eBay reported a slide in net profit for the fourth quarter in a row last night and a cautious outlook for the Christmas season. NEW YORK – ONLINE auction giant eBay reported a slide in net profit for the fourth quarter in a row on Wednesday and a cautious outlook for the holiday season. EBay, which also owns online payments company PayPal and Web communications firm Skype, said net profit declined 29 per cent to US$350 million (S$488 million), or 38 cents per share, in the third quarter compared with a year ago. |
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