Fashion
Paypal accelerates Ebay growth
Ebay has achieved a 16% increase in revenue for the first quarter of 2011 compared to the same period last year and believes Paypal has aided growth. Net revenues for the quarter were $2.546billion with income up by 20% to $476 million. Ebay's president and CEO, John Donahue said: “In the first quarter, PayPal continued to drive strong growth...
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