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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 …

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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

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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 …

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