Bustling overseas business and the weak dollar help boost the bottom line. Benefiting from a weak dollar, online auction company EBay Inc. beat Wall Street’s expectations Wednesday, reporting a 22% hike in first-quarter profit and raising its outlook for the rest of the year.
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eBay held its annual Developer’s Conference last week, giving third-party developers a sneak peek at its product road map and using the opportunity to promote its new “open platform” approach. More: continued here
Amazon Vs. eBay: A Shopper's PerspectiveMinyanville.comFive years ago, eBay (EBAY) stock was a little below $40. Now it's about $36. You probably know many of the reasons why Amazon is (again) beloved by investors, while eBay is still stuck in a no-man's-land of investor discontent. More: continued here
eBay Confirms Recent Seller CrackdownEcommerceByteseBay addressed rumors of a seller crackdown that had surfaced last week, confirming that the company had taken action on some accounts. eBay uses what it calls seller performance standards to ratchet up or down sellers' listings in search results and … More: continued here
Ebay petitions EU to stop blocks on Internet tradeReutersBRUSSELS (Reuters) – Three quarters of a million eBay Inc users have signed a petition urging European Union antitrust regulators to stop companies blocking …EBay calls on EU to change luxury brand rulesThe Associated PressEBay petitions the EU over competition lawsRetail WeekOnline retailers, major brands clash over…
By CAROL CHRISTIAN Today staff A bottle of water pulled off eBay for containing hazardous materials has been reposted on the auction site, […] More: continued here
ProStores, an eBay subsidiary, will continue to offer eBay Checkout Redirect functionality according to a letter it sent to customers on Tuesday. More: continued here