Wall Street Journal EBay Logs Growth at Payments, Marketplace DivisionsWall Street JournalIt was an eventful quarter for eBay. The company in May reported a security breach to its namesake marketplace that it said could have compromised some information for its 145 million customers. EBay said Paypal was unaffected, but the …
Read More »eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of … – TechCrunch
TechCrunch eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of …TechCrunchPayPal, eBay's other key asset, saw its net total payment volume rise 29 percent compared to the year-ago quarter. PayPal's revenue for the period was $1.9 billion, with the payment company picking up 4 million new “active …
Read More »PayPal fuels higher eBay revenue even as cyber attack, rivals weigh
By Edwin Chan SAN FRANCISCO (Reuters) – EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack. Ebay's stock has fallen more than 8 percent …
Read More »PayPal keeps revenue up as eBay fends off rivals, breach
SAN FRANCISCO — EBay Inc. posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition… More: continued here
Read More »eBay Sees Revenue Boost
Ecommerce giant eBay released earnings on Wednesday after the bell, posting a 13% rise in quarterly revenue, coming in at $4.4 billion. More: continued here
Read More »Strong PayPal Growth Boosts eBay’s 2Q Profit – ABC News
Chron.com Strong PayPal Growth Boosts eBay's 2Q ProfitABC NewsEBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack. Investors had been …EBay 2Q profit climbs 5.6 percentColorado Springs …
Read More »EBay CEO: Cyber Attack "clearly Impacted" Business
EBay Inc. Chief Executive John Donahoe said on a conference call Wednesday that a cyberattack earlier this year "clearly impacted eBay's performance" during its second quarter, ended June 30. More: continued here
Read More »EBay CEO: Sales, Earnings Affected By Cyberattack Body Blow In Challenging … – Forbes
Forbes EBay CEO: Sales, Earnings Affected By Cyberattack Body Blow In Challenging …ForbesOn Wednesday during eBay's second-quarter earnings call, the chief of the San Jose, Calif. online commerce platform admitted that the company-wide password reset–a safety measure as a result of the hack–affected the company's commerce volume and …eBay's US sales …
Read More »EBay, Sotheby’s Team Up on Online Art, Collectibles Bidding – Wall Street Journal
EBay, Sotheby's Team Up on Online Art, Collectibles BiddingWall Street JournalThe revamped eBay marketplace—where Sotheby's will be the main tenant—will include a new live auction feature and real-time bidding, in an effort to target art collectors as well as first-time buyers, the companies said. The Sotheby's auctions will … More: …
Read More »EBay Q2 Net Ex Items In-Line With Street Views; Volume Up 26%
EBay (NASDAQ: EBAY ) posted second-quarter a penny ahead of expectations on a 26 percent volume gain for transactions. The company offered a third-quarter earnings outlook below Wall Street's forecast … More: continued here
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