Higher Expenses at eBay Push Net Income Down – New York Times

Higher Expenses at eBay Push Net Income DownNew York TimesEBay reported Wednesday that its revenue rose 14 percent in the second quarter as its PayPal business and namesake online marketplace continued to grow. But the e-commerce company's net income fell 8 percent as a result of higher expenses and its … …

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eBay Miss Drives Down Shares

eBay's results continue to be buoyed by its Payments platform, but the company is still playing catchup in the increasingly competitive e-commerce market. More: continued here

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