Online retailer eBay reports rise in profits
July 17 , 2014
Beating analyst expectations, online retailer eBay has reported $676m in profits during the March-June period.
The firm’s shares were up by over 1.5% in trading after the American stock market closed.
“We had a challenging quarter with several distractions,” eBay said in a statement.
In May, eBay had said accounts of around 145 million of its customers could have been compromised, resulting in an investigation in the United States and Europe.