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EBay reports 8.7 percent rise in quarterly revenue


EBay Inc reported an 8.7 percent increase in quarterly revenue on Wednesday as revamps to its e-commerce platforms helped attract more customers, APA reports quoting Reuters.

 

The company’s net income rose to $523 million, or 48 cents per share, in the third quarter ended Sept. 30, from $413 million, or 36 cents per share, a year earlier.

 

Revenue rose to $2.41 billion from $2.22 billion.

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