PayPal revenue boosts EBay’s third quarter profits

Last Updated on Thursday, 21 October 2010 12:21 Written by External Post Thursday, 21 October 2010 12:21

EBay has reported its third-quarter profit climbed 23% to $432m (£275m) compared with the same period a year ago, mainly due to its growing PayPal division. Revenue rose 1% to $2.25bn ahead of analysts’ expectations of only $2.18bn, helped by the sale
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