Home / ebay / EBay posts 22 percent hike in 1Q profit (AP via Yahoo! News)

EBay posts 22 percent hike in 1Q profit (AP via Yahoo! News)

Benefiting from a weak dollar, online auction company eBay Inc. beat Wall Street’s expectations on Wednesday, reporting a 22 percent hike in first-quarter profit and raising its outlook for the rest of the year.

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