eBay revenues dip on forex effects, PayPal split

Thursday 22 October 2015 | 08:46 CET | News
Online retailer eBay reported third quarter revenues down 2.4 percent year on year to USD 2.10 billion from 2.15 billion the year before, with the company hit by negative foreign exchange effects and the split of PayPal into a separate business in July. The group's net income fell to USD 539 million, or USD 0.45 per share, from USD 673 million, or USD 0.54 a share, a year earlier. However, the company was keen to mention that its trading volume was up 6 percent on a forex-neutral basis, with the number of active buyers growing 5 percent year on year to 159 million. The Classifieds and StubHub

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Categories: Internet
Companies: Ebay / PayPal
Countries: World
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