EBay earnings jump 20% in first quarter

SAN FRANCISCO (MarketWatch) — EBay Inc. said Wednesday that earnings jumped 20% for the first quarter thanks to strong gains in both its Marketplace and PayPal businesses. For the period ended March 31, eBay reported net earnings of $476 million, or 36 cents a share, compared to earnings of $398 million, or 30 cents a share, for the same period last year. On a non-GAAP basis, the company said …

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