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Jul19
eBay Company Profit Down by 14%
Fueled by the slowest growth rate in the last seven years, eBay company profits fell by 14% vs. the same quarter last year.

Meanwhile, PayPal revenue climbed by 39%.

eBay also announced that it would be buying back $2 Billion shares over the next two years, perhaps a good buy given the fact that eBay shares havelost half of their value since the end of 2004.

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« eBay adding Classifieds tp UK Motors | Main | AuctionBytes Gets the Scoop on Google Checkout »

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