eBay Posts Higher Profits On The Backs Of Sellers Higher Fees

Since 2001, we've posted 20,585 different business opportunities and ideas, so you're sure to find something here to inspire you!

StepNpull: Open Doors Hands Free

Vote For Your Favorite .biz Domain – Hint! Hint!

Q&A With Christmas Caroloke Creator

eBay Posts Higher Profits On The Backs Of Sellers Higher Fees

April 17, 2008 by Ty Tribble | 0 Comments

EBay profit gains 22% on higher fees

EBay Inc., the world’s largest Internet auctioneer, posted first-quarter profit that beat analysts’ estimates on increased selling fees and higher revenue from its PayPal payment service.Net income climbed 22 per cent to $459.7 million, or 34 cents a share, from $377.2 million, or 27 cents, a year earlier, EBay said Wednesday in a statement. Earnings excluding some costs exceeded estimates by three cents. The online retailer said sales and profit for the full year will be higher than it predicted in January.