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eBay Looks to Boost Advertising Revenue (AuctionBytes)

With falling GMV in its Marketplace business, eBay is looking to advertising and classifieds for growth. In announcing 2008 financial results, eBay said for the full year, text and graphical advertising revenue was up 139%, StubHub was up 54%, and classifieds grew 57%. “These alternative ecommerce formats are increasingly giving us profitable, scalable and more diverse ways to monetize our …

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