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21 Jan

Holiday shopping, PayPal help eBay 4Q profit rise (AP)

Posted in Uncategorized on 21.01.10

Toys are seen on display at The eBay Shop at eBay headquarters in San Jose, Calif., Tuesday, Jan. 19, 2010. EBay Inc. said Wednesday its fourth-quarter profit more than tripled, largely because of the sale of its Skype telecommunications business. (AP Photo/Paul Sakuma)AP – EBay Inc. said Wednesday its fourth-quarter earnings climbed, bolstered by growth in its PayPal payments business and a holiday shopping season that was healthier than the year before. The company also logged a large gain from the November sale of its Skype telecommunications business.



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