EBay Net Income Falls

Posted on by Chief Marketer Staff

EBay Inc. posted net income of $349.7 million for the third quarter, a decrease from $492.2 million in the prior year.

The online auction house reported net revenue of $2.2 billion for the quarter ended Sept30, an increase over $2.1 billion last year.

Management attributed this to continued growth in PayPal, Skype, the company

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