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eBay revenues jump 4% to USD 2.1 bln in Q1

Wednesday 27 April 2016 | 08:34 CET | News
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Online retailer eBay reported first quarter revenues up 3.7 percent year on year to USD 2.14 billion from USD 2.10 billion from the year before, still hit by negative foreign exchange effects but boosted by its successful StubHub event ticketing operation. On a constant-currency basis, revenue increased 6 percent, said eBay, while adjusted earnings came in at USD 550 million, or 47 cents per share, compared to a profit of USD 586 million, or 48 cents a share, in the same period last year, excluding contributions from former subsidiary PayPal. The number of active buyers on eBay grew by 3.8

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Categories: Internet
Companies: Ebay / PayPal
Countries: World
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