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Around the Net
EBay Revenue Beats Estimates
- Bloomberg , Thursday, July 19, 2012 8 AM
The world’s largest Internet marketplace, reported second-quarter sales and profit that beat analysts’ estimates as more U.S. shoppers bought through the site and used its PayPal service to make payments. Revenue climbed 23% to $3.4 billion, exceeding the $3.36 billion average analyst estimate compiled by Bloomberg.
