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EBay's net revenues exceeded forecasts. Shares of the company rose by 8.7%

The US auction eBay reported on the results of the work in the third quarter, which were higher than expected. This dispelled concerns about the prospects of eBay after the separation of the payment system PayPal , which was considered the main engine of growth for the company.

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EBay’s net earnings fell from $ 2.15 billion in the same quarter last year to 2.1 billion. Analysts had expected a reduction in revenues to 2.09 billion. Shares of the company after placing the report increased by 8.7% .

The company's profit fell from 673 million to 539 million, or 54 cents per share compared to last year.
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At the moment, 159 million active buyers use eBay, which is 2 million more than in the second quarter of this year.

The new quarterly report became the first after PayPal was separated from eBay, which was considered the main source of growth for the company. PayPal began to be listed on NASDAQ in July and became more expensive than eBay for the first day of trading.

Source: https://habr.com/ru/post/295600/


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